ADVOKAT ANDERS STUB SØTORP AS: årsregnskap 2024 vs 2023
Shrank 26% on revenue, slipped into loss
approved 2025-04-30; registry 2025-05-15; journal 2025 405693
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKAT ANDERS STUB SØTORP AS. Revenue 3.16m NOK → 2.36m NOK (-25.5%). Net result +493.1k NOK → -195.4k NOK. Equity 346.5k NOK → 151.2k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADVOKAT ANDERS STUB SØTORP AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 52.7k NOK → 1.09m NOK (+1976.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.16m NOK to 2.36m NOK (-25.5% YoY). Calculated
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↓
Operating result weakened
Operating result +629.4k NOK → -178.0k NOK (op. margin 19.9% → -7.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 493.1k NOK profit to a loss of 195.4k NOK. Calculated
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↓
Equity eroded
Book equity 346.5k NOK → 151.2k NOK (equity ratio 11.2% → 6.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.00m NOK → 1.89m NOK (32% → 80% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 499.9k NOK → 414.9k NOK (-17.0% YoY). Calculated