ADVOKAT KJELL-ARNE MATHISEN AS: årsregnskap 2024 vs 2023
Shrank 26% on revenue, weaker earnings
approved 2025-04-30; registry 2025-05-05; journal 2025 404918
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKAT KJELL-ARNE MATHISEN AS. Revenue 741.6k NOK → 545.6k NOK (-26.4%). Net result -76.0k NOK → -95.4k NOK. Equity -37.2k NOK → -132.7k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADVOKAT KJELL-ARNE MATHISEN AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 45.8k NOK → 104.1k NOK (+127.6% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 741.6k NOK to 545.6k NOK (-26.4% YoY). Calculated
-
↓
Operating result weakened
Operating result -79.2k NOK → -119.1k NOK (op. margin -10.7% → -21.8%). Calculated
-
↓
Net result weakened
Net result -76.0k NOK → -95.4k NOK (net margin -10.3% → -17.5%). Calculated
-
↓
Equity eroded
Book equity -37.2k NOK → -132.7k NOK (equity ratio -30.7% → -81.6%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 472.0k NOK → 530.4k NOK (64% → 97% of revenue). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -81.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 56.8k NOK → 13.5k NOK (-76.3% YoY). Calculated