Org.nr 986 366 709 2023 → 2024 Year-over-year analysis

ADVOKAT LEIF STRØM AS: årsregnskap 2024 vs 2023

Shrank 40% on revenue, weaker earnings, cash halved-plus

approved 2025-05-21; registry 2025-05-22; journal 2025 457975

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT LEIF STRØM AS. Revenue 2.78m NOK → 1.66m NOK (-40.1%). Net result -53.9k NOK → -284.4k NOK. Equity 11.27m NOK → 11 NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT LEIF STRØM AS.

Scorecard

Revenue
2.78m NOK 1.66m NOK
-40.1%
Operating result
-75.7k NOK -256.6k NOK
-238.9%
Net result
-53.9k NOK -284.4k NOK
-427.4%
Equity
11.27m NOK 11 NOK
-100.0%
Cash
316.2k NOK 64.3k NOK
-79.7%
Total assets
865.9k NOK 453.5k NOK
-47.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.78m NOK to 1.66m NOK (-40.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -75.7k NOK → -256.6k NOK (op. margin -2.7% → -15.4%). Calculated

  • ↓

    Net result weakened

    Net result -53.9k NOK → -284.4k NOK (net margin -1.9% → -17.1%). Calculated

  • ↓

    Equity eroded

    Book equity 11.27m NOK → 11 NOK (equity ratio 1301.6% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 316.2k NOK → 64.3k NOK (-79.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 1. Reported fact