FirmaIQ
Org.nr 988 971 332 2023 → 2024 Year-over-year analysis

ADVOKAT OLE MORTEN HUSMO AS: årsregnskap 2024 vs 2023

Returned to profit

approved 2025-02-05; registry 2025-02-08; journal 2025 306157

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT OLE MORTEN HUSMO AS. Revenue 167.0k NOK → 170.6k NOK (+2.2%). Net result -87.7k NOK → +31.4k NOK. Equity -286.9k NOK → -255.5k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT OLE MORTEN HUSMO AS.

At a glance

Scorecard

Revenue
167.0k NOK 170.6k NOK
+2.2%
Operating result
-59.0k NOK +68.4k NOK
+215.9%
Net result
-87.7k NOK +31.4k NOK
+135.8%
Equity
-286.9k NOK -255.5k NOK
+10.9%
Cash
25 NOK 25 NOK
0.0%
Total assets
60.3k NOK 48.8k NOK
-19.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 167.0k NOK to 170.6k NOK (+2.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -59.0k NOK → +68.4k NOK (op. margin -35.4% → 40.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 87.7k NOK to a profit of 31.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -286.9k NOK → -255.5k NOK (equity ratio -476.2% → -523.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.11m NOK → 107 NOK (663% → 0% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -523.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation