ADVOKAT ERIKSTAD AS: årsregnskap 2024 vs 2023
Grew 64% on revenue, stronger earnings
registry 2025-05-05; journal 2025 406572
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKAT ERIKSTAD AS. Revenue 1.75m NOK → 2.88m NOK (+64.4%). Net result +165.9k NOK → +900.0k NOK. Equity 413.7k NOK → 943.7k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT ERIKSTAD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.75m NOK to 2.88m NOK (+64.4% YoY). Calculated
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Net result improved
Net result +165.9k NOK → +900.0k NOK (net margin 9.5% → 31.3%). Calculated
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Equity strengthened
Book equity 413.7k NOK → 943.7k NOK (equity ratio 50.6% → 163.0%). Calculated
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Cash rose
Bank deposits 399.0k NOK → 887.3k NOK (+122.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +211.4k NOK → +146.3k NOK (op. margin 12.1% → 5.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.99× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS fell
COGS / varekostnad 34.6k NOK → 21.6k NOK (-37.4% YoY). Calculated