Org.nr 916 797 524 2023 → 2024 Year-over-year analysis

ADVOKATHUSET VELAND OG THINGVOLD AS: årsregnskap 2024 vs 2023

Stronger earnings, cash halved-plus

approved 2025-04-25; registry 2025-04-30; journal 2025 398701

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATHUSET VELAND OG THINGVOLD AS. Revenue 4.81m NOK → 4.94m NOK (+2.7%). Net result +538.5k NOK → +861.1k NOK. Equity 30.0k NOK → 591.1k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
4.81m NOK 4.94m NOK
+2.7%
Operating result
+597.9k NOK +154.5k NOK
-74.2%
Net result
+538.5k NOK +861.1k NOK
+59.9%
Equity
30.0k NOK 591.1k NOK
+1870.4%
Cash
545.0k NOK 121.6k NOK
-77.7%
Total assets
2.39m NOK 3.24m NOK
+35.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.81m NOK to 4.94m NOK (+2.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +538.5k NOK → +861.1k NOK (net margin 11.2% → 17.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 30.0k NOK → 591.1k NOK (equity ratio 1.3% → 18.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.92m NOK → 1.39m NOK (40% → 28% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +597.9k NOK → +154.5k NOK (op. margin 12.4% → 3.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 545.0k NOK → 121.6k NOK (-77.7% YoY). Calculated