Org.nr 966 370 505 2023 → 2024 Year-over-year analysis

ADVOKATKOLLEGIET KINDEM & CO AS: årsregnskap 2024 vs 2023

Shrank 100% on revenue, stronger earnings, cash halved-plus

registry 2025-07-26; journal 2025 707335

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATKOLLEGIET KINDEM & CO AS. Revenue 2.11m NOK → 800 NOK (-100.0%). Net result -749.5k NOK → -9 857 NOK. Equity 2 001 NOK → -7 856 NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKATKOLLEGIET KINDEM & CO AS.

Scorecard

Revenue
2.11m NOK 800 NOK
-100.0%
Operating result
-755.9k NOK -9 901 NOK
+98.7%
Net result
-749.5k NOK -9 857 NOK
+98.7%
Equity
2 001 NOK -7 856 NOK
-492.6%
Cash
7 391 NOK 1 111 NOK
-85.0%
Total assets
6 965 NOK 2 358 NOK
-66.1%

What improved

  • ↑

    Operating result improved

    Operating result -755.9k NOK → -9 901 NOK (op. margin -35.9% → -1237.6%). Calculated

  • ↑

    Net result improved

    Net result -749.5k NOK → -9 857 NOK (net margin -35.6% → -1232.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.24m NOK → 2 NOK (106% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.11m NOK to 800 NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 2 001 NOK → -7 856 NOK (equity ratio 28.7% → -333.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 7 391 NOK → 1 111 NOK (-85.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.33× → 0.20× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -333.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 350 NOK → 350.4k NOK. Reported fact