ADVOKAT MADS TORRISSEN AS: årsregnskap 2024 vs 2023
Shrank 67% on revenue, stronger earnings, cash halved-plus
approved 2025-04-08; registry 2025-04-10; journal 2025 371695
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKAT MADS TORRISSEN AS. Revenue 631.8k NOK → 205.8k NOK (-67.4%). Net result +11.0k NOK → +300.1k NOK. Equity 252.6k NOK → 552.7k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT MADS TORRISSEN AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +14.0k NOK → +386.4k NOK (op. margin 2.2% → 187.7%). Calculated
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Net result improved
Net result +11.0k NOK → +300.1k NOK (net margin 1.7% → 145.8%). Calculated
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↑
Equity strengthened
Book equity 252.6k NOK → 552.7k NOK (equity ratio 74.5% → 61.1%). Calculated
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Payroll decreased
Salary cost 1.14m NOK → 314.2k NOK (180% → 153% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 631.8k NOK to 205.8k NOK (-67.4% YoY). Calculated
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↓
Cash fell
Bank deposits 122.1k NOK → 39.8k NOK (-67.4% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 0 NOK → 40.0k NOK. Reported fact