Org.nr 913 646 533 2023 → 2024 Year-over-year analysis

1 SAX AS: årsregnskap 2024 vs 2023

Shrank 60% on revenue, weaker earnings, cash halved-plus

registry 2025-05-31; journal 2025 490050

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 1 SAX AS. Revenue 87.8k NOK → 34.9k NOK (-60.3%). Net result -14.9k NOK → -71.9k NOK. Equity -105.7k NOK → -177.5k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1 SAX AS.

Scorecard

Revenue
87.8k NOK 34.9k NOK
-60.3%
Operating result
+35.7k NOK -19.3k NOK
-154.0%
Net result
-14.9k NOK -71.9k NOK
-383.2%
Equity
-105.7k NOK -177.5k NOK
-68.0%
Cash
81.7k NOK 10.3k NOK
-87.4%
Total assets
2.00m NOK 1.92m NOK
-3.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 87.8k NOK to 34.9k NOK (-60.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +35.7k NOK → -19.3k NOK (op. margin 40.7% → -55.3%). Calculated

  • ↓

    Net result weakened

    Net result -14.9k NOK → -71.9k NOK (net margin -16.9% → -205.9%). Calculated

  • ↓

    Equity eroded

    Book equity -105.7k NOK → -177.5k NOK (equity ratio -5.3% → -9.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 81.7k NOK → 10.3k NOK (-87.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -9.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation