ADVOKATFIRMAET KNAPSTAD & CO AS: årsregnskap 2024 vs 2023
Shrank 7% on revenue, slipped into loss
approved 2025-04-23; registry 2025-04-29; journal 2025 396951
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET KNAPSTAD & CO AS. Revenue 2.15m NOK → 2.00m NOK (-7.2%). Net result +77.7k NOK → -113.5k NOK. Equity -154.1k NOK → -267.6k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET KNAPSTAD & CO AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 48.4k NOK → 65.6k NOK (+35.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.15m NOK to 2.00m NOK (-7.2% YoY). Calculated
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↓
Operating result weakened
Operating result +84.7k NOK → -105.4k NOK (op. margin 3.9% → -5.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 77.7k NOK profit to a loss of 113.5k NOK. Calculated
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↓
Equity eroded
Book equity -154.1k NOK → -267.6k NOK (equity ratio -52.4% → -140.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.32m NOK → 1.33m NOK (61% → 67% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -140.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 35.3k NOK → 8 546 NOK (-75.8% YoY). Calculated