ADVOKATHUSET VELAND OG THINGVOLD AS: årsregnskap 2025 vs 2024
Grew 89% on revenue, weaker earnings
approved 2026-04-23; registry 2026-04-29; journal 2026 407484
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADVOKATHUSET VELAND OG THINGVOLD AS. Revenue 4.94m NOK → 9.33m NOK (+88.9%). Net result +861.1k NOK → +84.9k NOK. Equity 591.1k NOK → 30.1k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATHUSET VELAND OG THINGVOLD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.94m NOK to 9.33m NOK (+88.9% YoY). Calculated
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Operating result improved
Operating result +154.5k NOK → +2.65m NOK (op. margin 3.1% → 28.3%). Calculated
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Cash rose
Bank deposits 121.6k NOK → 2.37m NOK (+1849.9% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +861.1k NOK → +84.9k NOK (net margin 17.4% → 0.9%). Calculated
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↓
Equity eroded
Book equity 591.1k NOK → 30.1k NOK (equity ratio 18.2% → 0.6%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1.39m NOK → 4.17m NOK (28% → 45% of revenue). Calculated
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Headcount (årsverk) changed
Reported FTEs 3 → 5. Reported fact