FirmaIQ
Org.nr 927 270 447 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET WERGELAND AS: årsregnskap 2024 vs 2023

Grew 6% on revenue, weaker earnings

approved 2025-04-30; registry 2025-05-07; journal 2025 412142

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET WERGELAND AS. Revenue 2.62m NOK → 2.77m NOK (+5.9%). Net result +171.8k NOK → +30.7k NOK. Equity 114.4k NOK → 145.1k NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.62m NOK 2.77m NOK
+5.9%
Operating result
+220.8k NOK +70.9k NOK
-67.9%
Net result
+171.8k NOK +30.7k NOK
-82.1%
Equity
114.4k NOK 145.1k NOK
+26.8%
Cash
82.2k NOK 61.5k NOK
-25.3%
Total assets
731.0k NOK 832.8k NOK
+13.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.62m NOK to 2.77m NOK (+5.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 114.4k NOK → 145.1k NOK (equity ratio 15.6% → 17.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.91× → 1.11×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +220.8k NOK → +70.9k NOK (op. margin 8.4% → 2.6%). Calculated

  • ↓

    Net result weakened

    Net result +171.8k NOK → +30.7k NOK (net margin 6.6% → 1.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 82.2k NOK → 61.5k NOK (-25.3% YoY). Calculated