ADVOKATFIRMA MÆLAND & CO AS: årsregnskap 2024 vs 2023
Shrank 27% on revenue, weaker earnings
approved 2025-04-30; registry 2025-05-05; journal 2025 404408
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMA MÆLAND & CO AS. Revenue 10.26m NOK → 7.52m NOK (-26.7%). Net result +2.81m NOK → +1.17m NOK. Equity 5.48m NOK → 6.64m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMA MÆLAND & CO AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 5.48m NOK → 6.64m NOK (equity ratio 51.3% → 69.2%). Calculated
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↑
Payroll decreased
Salary cost 4.92m NOK → 4.17m NOK (48% → 55% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.26m NOK to 7.52m NOK (-26.7% YoY). Calculated
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↓
Operating result weakened
Operating result +3.56m NOK → +1.32m NOK (op. margin 34.7% → 17.6%). Calculated
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↓
Net result weakened
Net result +2.81m NOK → +1.17m NOK (net margin 27.4% → 15.5%). Calculated
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↓
Cash fell
Bank deposits 4.25m NOK → 3.89m NOK (-8.5% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 265.9k NOK → 273.6k NOK (+2.9% YoY). Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 4 → 5. Reported fact