ADVOKAT MORTEN ENGESBAK AS: årsregnskap 2024 vs 2023
Grew 65% on revenue, returned to profit
approved 2025-04-29; registry 2025-05-03; journal 2025 403723
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKAT MORTEN ENGESBAK AS. Revenue 2.57m NOK → 4.25m NOK (+65.3%). Net result -380.7k NOK → +318.7k NOK. Equity 10 NOK → 318.2k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT MORTEN ENGESBAK AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.57m NOK to 4.25m NOK (+65.3% YoY). Calculated
-
↑
Operating result improved
Operating result -380.8k NOK → +351.9k NOK (op. margin -14.8% → 8.3%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 380.7k NOK to a profit of 318.7k NOK. Calculated
-
↑
Equity strengthened
Book equity 10 NOK → 318.2k NOK (equity ratio 0.0% → 132.7%). Calculated
-
↑
Cash rose
Bank deposits 73.5k NOK → 89.4k NOK (+21.7% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.54m NOK → 1.70m NOK (60% → 40% of revenue). Calculated