FirmaIQ
Org.nr 998 882 672 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET WULFF AS: årsregnskap 2024 vs 2023

Shrank 12% on revenue, stronger earnings

approved 2025-04-30; registry 2025-05-07; journal 2025 415408

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET WULFF AS. Revenue 4.08m NOK → 3.61m NOK (-11.6%). Net result -352.8k NOK → -105.1k NOK. Equity 2.04m NOK → 1.93m NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET WULFF AS.

At a glance

Scorecard

Revenue
4.08m NOK 3.61m NOK
-11.6%
Operating result
+532.2k NOK +740.1k NOK
+39.1%
Net result
-352.8k NOK -105.1k NOK
+70.2%
Equity
2.04m NOK 1.93m NOK
-5.2%
Cash
877 NOK 199.28m NOK
+22723375.1%
Total assets
13.07m NOK 12.52m NOK
-4.2%

What improved

  • ↑

    Operating result improved

    Operating result +532.2k NOK → +740.1k NOK (op. margin 13.0% → 20.5%). Calculated

  • ↑

    Net result improved

    Net result -352.8k NOK → -105.1k NOK (net margin -8.6% → -2.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 877 NOK → 199.28m NOK (+22723375.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.58× → 1.85×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.08m NOK to 3.61m NOK (-11.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 2.04m NOK → 1.93m NOK (equity ratio 15.6% → 15.4%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 19.7k NOK → 0 NOK (-100.0% YoY). Calculated