ADVOKAT MORTEN ENGESBAK AS: årsregnskap 2025 vs 2024
Shrank 12% on revenue, weaker earnings
approved 2026-04-20; registry 2026-04-21; journal 2026 389279
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADVOKAT MORTEN ENGESBAK AS. Revenue 4.25m NOK → 3.76m NOK (-11.6%). Net result +318.7k NOK → +148.6k NOK. Equity 318.2k NOK → 466.7k NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 318.2k NOK → 466.7k NOK (equity ratio 132.7% → 34.2%). Calculated
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↑
Cash rose
Bank deposits 89.4k NOK → 200.3k NOK (+124.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.25× → 1.51×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.25m NOK to 3.76m NOK (-11.6% YoY). Calculated
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↓
Operating result weakened
Operating result +351.9k NOK → +169.3k NOK (op. margin 8.3% → 4.5%). Calculated
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↓
Net result weakened
Net result +318.7k NOK → +148.6k NOK (net margin 7.5% → 4.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.70m NOK → 1.91m NOK (40% → 51% of revenue). Calculated