Org.nr 926 562 479 2024 → 2025 Year-over-year analysis

ADVOKATFIRMAET HMZ & CO AS: årsregnskap 2025 vs 2024

Grew 101% on revenue, weaker earnings

approved 2026-04-29; registry 2026-05-04; journal 2026 414744

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADVOKATFIRMAET HMZ & CO AS. Revenue 3.29m NOK → 6.62m NOK (+101.4%). Net result +3.66m NOK → +436.5k NOK. Equity 3.22m NOK → 652.6k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.

Also worth watching: cogs moved; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HMZ & CO AS.

Scorecard

Revenue
3.29m NOK 6.62m NOK
+101.4%
Operating result
+657.8k NOK +695.3k NOK
+5.7%
Net result
+3.66m NOK +436.5k NOK
-88.1%
Equity
3.22m NOK 652.6k NOK
-79.7%
Cash
245.7k NOK 497.6k NOK
+102.6%
Total assets
689.2k NOK 23.4k NOK
-96.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.29m NOK to 6.62m NOK (+101.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +657.8k NOK → +695.3k NOK (op. margin 20.0% → 10.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 245.7k NOK → 497.6k NOK (+102.6% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +3.66m NOK → +436.5k NOK (net margin 111.2% → 6.6%). Calculated

  • ↓

    Equity eroded

    Book equity 3.22m NOK → 652.6k NOK (equity ratio 466.6% → 2786.5%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.46× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 110.0k NOK → 135.0k NOK (+22.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 150.0k NOK → 0 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 3. Reported fact