Org.nr 924 394 420 2024 → 2025 Year-over-year analysis

ADVOKATFIRMAET LANDSVIK & LARSEN AS: årsregnskap 2025 vs 2024

Grew 24% on revenue, stronger earnings

approved 2026-04-28; registry 2026-04-29; journal 2026 408626

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADVOKATFIRMAET LANDSVIK & LARSEN AS. Revenue 9.12m NOK → 11.31m NOK (+24.0%). Net result +2.02m NOK → +2.73m NOK. Equity 646.9k NOK → 30.0k NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET LANDSVIK & LARSEN AS.

Scorecard

Revenue
9.12m NOK 11.31m NOK
+24.0%
Operating result
+2.58m NOK +3.49m NOK
+35.1%
Net result
+2.02m NOK +2.73m NOK
+35.0%
Equity
646.9k NOK 30.0k NOK
-95.4%
Cash
1.96m NOK 1.08m NOK
-44.9%
Total assets
4.41m NOK 4.88m NOK
+10.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.12m NOK to 11.31m NOK (+24.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.58m NOK → +3.49m NOK (op. margin 28.3% → 30.8%). Calculated

  • ↑

    Net result improved

    Net result +2.02m NOK → +2.73m NOK (net margin 22.1% → 24.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 646.9k NOK → 30.0k NOK (equity ratio 14.7% → 0.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.96m NOK → 1.08m NOK (-44.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.15× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 107.4k NOK → 166.8k NOK (+55.3% YoY). Calculated