ADVOKATFIRMA MJAALAND AS: årsregnskap 2024 vs 2023
Shrank 8% on revenue, stronger earnings
approved 2025-04-02; registry 2025-04-07; journal 2025 364676
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMA MJAALAND AS. Revenue 2.59m NOK → 2.37m NOK (-8.5%). Net result -29.7k NOK → -13.8k NOK. Equity 11.8k NOK → -1 946 NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMA MJAALAND AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -31.0k NOK → -13.9k NOK (op. margin -1.2% → -0.6%). Calculated
-
↑
Net result improved
Net result -29.7k NOK → -13.8k NOK (net margin -1.1% → -0.6%). Calculated
-
↑
Cash rose
Bank deposits 101.6k NOK → 127.6k NOK (+25.5% YoY). Calculated
-
↑
Payroll decreased
Salary cost 2.12m NOK → 1.81m NOK (82% → 76% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.59m NOK to 2.37m NOK (-8.5% YoY). Calculated
-
↓
Equity eroded
Book equity 11.8k NOK → -1 946 NOK (equity ratio 1.7% → -0.4%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.00× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation