ADVOKATENE PÅ ST. OLAVS PLASS AS: årsregnskap 2024 vs 2023
Slipped into loss
approved 2025-03-10; registry 2025-05-05; journal 2025 409886
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKATENE PÅ ST. OLAVS PLASS AS. Revenue 1.34m NOK → 1.32m NOK (-1.8%). Net result +6 033 NOK → -8 325 NOK. Equity -42.7k NOK → -51.1k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATENE PÅ ST. OLAVS PLASS AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.34m NOK to 1.32m NOK (-1.8% YoY). Calculated
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↓
Operating result weakened
Operating result +7 815 NOK → -9 485 NOK (op. margin 0.6% → -0.7%). Calculated
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Fell into a net loss
Net result flipped from 6 033 NOK profit to a loss of 8 325 NOK. Calculated
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↓
Equity eroded
Book equity -42.7k NOK → -51.1k NOK (equity ratio -15.1% → -19.8%). Calculated
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↓
Cash fell
Bank deposits 262.9k NOK → 236.4k NOK (-10.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -19.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation