ADVOKAT ERIK VATNE AS: årsregnskap 2025 vs 2024
Grew 11% on revenue, stronger earnings, cash halved-plus
approved 2026-02-27; registry 2026-03-02; journal 2026 322271
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADVOKAT ERIK VATNE AS. Revenue 1.66m NOK → 1.85m NOK (+11.2%). Net result +268.4k NOK → +356.7k NOK. Equity 10.85m NOK → 10 NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT ERIK VATNE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.66m NOK to 1.85m NOK (+11.2% YoY). Calculated
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Operating result improved
Operating result +346.8k NOK → +454.1k NOK (op. margin 20.9% → 24.6%). Calculated
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Net result improved
Net result +268.4k NOK → +356.7k NOK (net margin 16.2% → 19.3%). Calculated
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Current ratio back above 1×
Current ratio 0.43× → 4.45×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 10.85m NOK → 10 NOK (equity ratio 9264.2% → 0.0%). Calculated
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Cash fell
Bank deposits 973.7k NOK → 360.5k NOK (-63.0% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation