ADVOKATFIRMAET SMEDSRUD AS: årsregnskap 2024 vs 2023
Grew 8% on revenue, slipped into loss, cash halved-plus
approved 2025-04-30; registry 2025-05-06; journal 2025 406977
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET SMEDSRUD AS. Revenue 1.85m NOK → 2.00m NOK (+8.0%). Net result +109.0k NOK → -3 540 NOK. Equity 561.5k NOK → 557.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET SMEDSRUD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.85m NOK to 2.00m NOK (+8.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +146.3k NOK → +1 226 NOK (op. margin 7.9% → 0.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 109.0k NOK profit to a loss of 3 540 NOK. Calculated
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↓
Equity eroded
Book equity 561.5k NOK → 557.9k NOK (equity ratio 30.3% → 54.3%). Calculated
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↓
Cash fell
Bank deposits 1.22m NOK → 383.4k NOK (-68.5% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.22m NOK → 383.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 889.9k NOK → 1.21m NOK (48% → 61% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 60.4k NOK → 65.8k NOK (+9.0% YoY). Calculated