ADVOKAT TRYGVE ERIKSEN AS: årsregnskap 2024 vs 2023
Grew 12% on revenue, slipped into loss
approved 2025-04-14; registry 2025-05-03; journal 2025 401594
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKAT TRYGVE ERIKSEN AS. Revenue 1.98m NOK → 2.22m NOK (+12.1%). Net result +52.3k NOK → -220.8k NOK. Equity 167.0k NOK → -53.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT TRYGVE ERIKSEN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.98m NOK to 2.22m NOK (+12.1% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +72.4k NOK → -219.3k NOK (op. margin 3.7% → -9.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 52.3k NOK profit to a loss of 220.8k NOK. Calculated
-
↓
Equity eroded
Book equity 167.0k NOK → -53.8k NOK (equity ratio 31.3% → -13.6%). Calculated
-
↓
Cash fell
Bank deposits 336.3k NOK → 199.2k NOK (-40.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.46× → 0.88× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -13.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 1.56m NOK → 1.99m NOK (79% → 90% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 33.1k NOK → 86.7k NOK (+161.6% YoY). Calculated