ADVOKATFIRMAET STEINSVIK AS: årsregnskap 2024 vs 2023
Shrank 22% on revenue, slipped into loss
approved 2025-04-22; registry 2025-04-30; journal 2025 399818
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET STEINSVIK AS. Revenue 2.19m NOK → 1.70m NOK (-22.4%). Net result +574.2k NOK → -316.9k NOK. Equity 6.53m NOK → 216.7k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 470.0k NOK → 550.1k NOK (+17.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.19m NOK to 1.70m NOK (-22.4% YoY). Calculated
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↓
Operating result weakened
Operating result +570.6k NOK → -325.2k NOK (op. margin 26.0% → -19.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 574.2k NOK profit to a loss of 316.9k NOK. Calculated
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↓
Equity eroded
Book equity 6.53m NOK → 216.7k NOK (equity ratio 699.0% → 29.5%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.07m NOK → 1.49m NOK (49% → 88% of revenue). Calculated