ADVOKATFIRMAET HERMANSEN AS: årsregnskap 2024 vs 2023
Shrank 6% on revenue, stronger earnings
approved 2025-04-29; registry 2025-05-05; journal 2025 405229
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET HERMANSEN AS. Revenue 3.39m NOK → 3.20m NOK (-5.6%). Net result +60.2k NOK → +3.21m NOK. Equity 400.9k NOK → 551.7k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET HERMANSEN AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +114.3k NOK → +300.2k NOK (op. margin 3.4% → 9.4%). Calculated
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Net result improved
Net result +60.2k NOK → +3.21m NOK (net margin 1.8% → 100.3%). Calculated
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Equity strengthened
Book equity 400.9k NOK → 551.7k NOK (equity ratio 2295.7% → 43.9%). Calculated
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Payroll decreased
Salary cost 2.12m NOK → 1.91m NOK (62% → 60% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 3.39m NOK to 3.20m NOK (-5.6% YoY). Calculated
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Cash fell
Bank deposits 108.9k NOK → 68.5k NOK (-37.1% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.57× → 0.31× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS fell
COGS / varekostnad 150.5k NOK → 100.8k NOK (-33.0% YoY). Calculated