Org.nr 988 518 557 2024 → 2025 Year-over-year analysis

ADVOKAT IVAR HUSTAD AS: årsregnskap 2025 vs 2024

Shrank 23% on revenue, weaker earnings, cash halved-plus

approved 2026-06-20; registry 2026-06-24; journal 2026 576641

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADVOKAT IVAR HUSTAD AS. Revenue 1.52m NOK → 1.17m NOK (-22.6%). Net result +436.8k NOK → +201.1k NOK. Equity 7.01m NOK → 8.21m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKAT IVAR HUSTAD AS.

Scorecard

Revenue
1.52m NOK 1.17m NOK
-22.6%
Operating result
-8 274 NOK +89.8k NOK
+1185.9%
Net result
+436.8k NOK +201.1k NOK
-54.0%
Equity
7.01m NOK 8.21m NOK
+17.1%
Cash
1.31m NOK 621.0k NOK
-52.5%
Total assets
7.59m NOK 8.69m NOK
+14.5%

What improved

  • ↑

    Operating result improved

    Operating result -8 274 NOK → +89.8k NOK (op. margin -0.5% → 7.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 7.01m NOK → 8.21m NOK (equity ratio 92.3% → 94.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.52m NOK to 1.17m NOK (-22.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +436.8k NOK → +201.1k NOK (net margin 28.8% → 17.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.31m NOK → 621.0k NOK (-52.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 701.8k NOK → 2.36m NOK (46% → 201% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 98.9k NOK → 39.4k NOK (-60.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 793.0k NOK → 793 NOK. Reported fact