ADVOKAT SANDVOLD AS: årsregnskap 2025 vs 2024
Grew 112% on revenue, slipped into loss, cash halved-plus
approved 2026-04-29; registry 2026-05-04; journal 2026 414641
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADVOKAT SANDVOLD AS. Revenue 624.0k NOK → 1.32m NOK (+112.1%). Net result +119.9k NOK → -10.7k NOK. Equity -101.5k NOK → -112.2k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT SANDVOLD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 624.0k NOK to 1.32m NOK (+112.1% YoY). Calculated
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Payroll decreased
Salary cost 989.4k NOK → 936.4k NOK (159% → 71% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +155.7k NOK → -79.3k NOK (op. margin 24.9% → -6.0%). Calculated
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Fell into a net loss
Net result flipped from 119.9k NOK profit to a loss of 10.7k NOK. Calculated
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Equity eroded
Book equity -101.5k NOK → -112.2k NOK (equity ratio -20.3% → -23.0%). Calculated
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Cash fell
Bank deposits 150.9k NOK → 79 NOK (-99.9% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -23.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact