Org.nr 989 523 716 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET MIDTHJELL AS: årsregnskap 2024 vs 2023

Shrank 17% on revenue, slipped into loss

approved 2025-04-28; registry 2025-05-03; journal 2025 403164

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET MIDTHJELL AS. Revenue 3.11m NOK → 2.58m NOK (-17.1%). Net result +7 274 NOK → -574.4k NOK. Equity 38.93m NOK → 38.36m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET MIDTHJELL AS.

Scorecard

Revenue
3.11m NOK 2.58m NOK
-17.1%
Operating result
-346.1k NOK -775.3k NOK
-124.1%
Net result
+7 274 NOK -574.4k NOK
-7997.1%
Equity
38.93m NOK 38.36m NOK
-1.5%
Total assets
39.15m NOK 38.49m NOK
-1.7%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.98m NOK → 1.25m NOK (96% → 49% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.11m NOK to 2.58m NOK (-17.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -346.1k NOK → -775.3k NOK (op. margin -11.1% → -30.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 7 274 NOK profit to a loss of 574.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 38.93m NOK → 38.36m NOK (equity ratio 99.4% → 99.6%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 16.85m NOK → 19.40m NOK. Reported fact