Org.nr 919 200 871 2023 → 2024 Year-over-year analysis

10 MASKIN AS: årsregnskap 2024 vs 2023

Shrank 24% on revenue, stronger earnings, cash halved-plus

approved 2025-06-13; registry 2025-06-17; journal 2025 545452

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 10 MASKIN AS. Revenue 470.7k NOK → 359.3k NOK (-23.7%). Net result -131.1k NOK → -58.2k NOK.

On the constructive side: operating result improved; net result improved; current ratio back above 1×. Pressures included: revenue fell; cash fell; cogs moved.

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 10 MASKIN AS.

Scorecard

Revenue
470.7k NOK 359.3k NOK
-23.7%
Operating result
-97.9k NOK -21.5k NOK
+78.1%
Net result
-131.1k NOK -58.2k NOK
+55.6%
Cash
118.2k NOK 54.9k NOK
-53.5%
Total assets
315.4k NOK 172.9k NOK
-45.2%

What improved

  • ↑

    Operating result improved

    Operating result -97.9k NOK → -21.5k NOK (op. margin -20.8% → -6.0%). Calculated

  • ↑

    Net result improved

    Net result -131.1k NOK → -58.2k NOK (net margin -27.9% → -16.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.96× → 5.88×. Calculated

  • ↑

    Payroll decreased

    Salary cost 217.9k NOK → 29.3k NOK (46% → 8% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 470.7k NOK to 359.3k NOK (-23.7% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 118.2k NOK → 54.9k NOK (-53.5% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 25.5k NOK → 54.0k NOK (+111.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 29.3k NOK → 21.5k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact