ADVOKATFIRMAET HERMANSEN AS: årsregnskap 2025 vs 2024
Grew 46% on revenue, slipped into loss
approved 2026-04-28; registry 2026-05-04; journal 2026 412212
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADVOKATFIRMAET HERMANSEN AS. Revenue 3.20m NOK → 4.68m NOK (+46.3%). Net result +3.21m NOK → -380.3k NOK. Equity 551.7k NOK → 71.3k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. 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 ADVOKATFIRMAET HERMANSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.20m NOK to 4.68m NOK (+46.3% YoY). Calculated
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↑
Cash rose
Bank deposits 68.5k NOK → 714.4k NOK (+942.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.31× → 2.98×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +300.2k NOK → -370.6k NOK (op. margin 9.4% → -7.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 3.21m NOK profit to a loss of 380.3k NOK. Calculated
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↓
Equity eroded
Book equity 551.7k NOK → 71.3k NOK (equity ratio 43.9% → 4.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.91m NOK → 3.73m NOK (60% → 80% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 100.8k NOK → 119.2k NOK (+18.3% YoY). Calculated