Org.nr 992 700 785 2023 → 2024 Year-over-year analysis

ADVOKAT STEIN ÅGE MARTINSEN AS: årsregnskap 2024 vs 2023

Another loss-making year

approved 2025-06-30; registry 2025-07-02; journal 2025 624468

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT STEIN ÅGE MARTINSEN AS. Net result -25.4k NOK → -15.4k NOK. Equity -209.0k NOK → -224.3k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT STEIN ÅGE MARTINSEN AS.

Scorecard

Revenue
78.5k NOK n/m
—
Operating result
-25.8k NOK -15.4k NOK
+40.1%
Net result
-25.4k NOK -15.4k NOK
+39.4%
Equity
-209.0k NOK -224.3k NOK
-7.4%
Cash
107.3k NOK 104.4k NOK
-2.7%
Total assets
271.8k NOK 256.4k NOK
-5.7%

What improved

  • ↑

    Operating result improved

    Operating result -25.8k NOK → -15.4k NOK. Calculated

  • ↑

    Net result improved

    Net result -25.4k NOK → -15.4k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -209.0k NOK → -224.3k NOK (equity ratio -76.9% → -87.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 107.3k NOK → 104.4k NOK (-2.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -87.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation