Org.nr 918 824 898 2023 → 2024 Year-over-year analysis

ADVOKATKONTORET MYHR & CO AS: årsregnskap 2024 vs 2023

Weaker earnings

approved 2025-04-24; registry 2025-05-03; journal 2025 401193

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATKONTORET MYHR & CO AS. Revenue 9.86m NOK → 9.80m NOK (-0.7%). Net result +545.6k NOK → +152.1k NOK. Equity 697.7k NOK → 799.7k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATKONTORET MYHR & CO AS.

Scorecard

Revenue
9.86m NOK 9.80m NOK
-0.7%
Operating result
+762.2k NOK +450.4k NOK
-40.9%
Net result
+545.6k NOK +152.1k NOK
-72.1%
Equity
697.7k NOK 799.7k NOK
+14.6%
Cash
6.43m NOK 6.45m NOK
+0.4%
Total assets
9.33m NOK 9.31m NOK
-0.2%

What improved

  • ↑

    Equity strengthened

    Book equity 697.7k NOK → 799.7k NOK (equity ratio 7.5% → 8.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.43m NOK → 6.45m NOK (+0.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 7.40m NOK → 6.50m NOK (75% → 66% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.86m NOK to 9.80m NOK (-0.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +762.2k NOK → +450.4k NOK (op. margin 7.7% → 4.6%). Calculated

  • ↓

    Net result weakened

    Net result +545.6k NOK → +152.1k NOK (net margin 5.5% → 1.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 582.4k NOK → 464.5k NOK (-20.2% YoY). Calculated