Org.nr 989 930 958 2023 → 2024 Year-over-year analysis

ADVOKAT STENSLAND & CO AS: årsregnskap 2024 vs 2023

Weaker earnings

approved 2025-03-28; registry 2025-04-09; journal 2025 370605

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT STENSLAND & CO AS. Revenue 3.07m NOK → 3.01m NOK (-2.0%). Net result +4.97m NOK → +268.7k NOK. Equity 1.20m NOK → 2.46m NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT STENSLAND & CO AS.

Scorecard

Revenue
3.07m NOK 3.01m NOK
-2.0%
Operating result
+1.25m NOK +1.57m NOK
+25.3%
Net result
+4.97m NOK +268.7k NOK
-94.6%
Equity
1.20m NOK 2.46m NOK
+106.1%
Cash
1.00m NOK 1.52m NOK
+51.3%
Total assets
1.88m NOK 3.19m NOK
+69.6%

What improved

  • ↑

    Operating result improved

    Operating result +1.25m NOK → +1.57m NOK (op. margin 40.8% → 52.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.20m NOK → 2.46m NOK (equity ratio 63.5% → 77.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.00m NOK → 1.52m NOK (+51.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.82m NOK → 799.5k NOK (59% → 27% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.07m NOK to 3.01m NOK (-2.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +4.97m NOK → +268.7k NOK (net margin 161.9% → 8.9%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 69.2k NOK. Reported fact