10FOLD AS: årsregnskap 2024 vs 2023
Shrank 89% on revenue, slipped into loss
approved 2025-04-28; registry 2025-05-05; journal 2025 404737
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 10FOLD AS. Revenue 394.7k NOK → 42.9k NOK (-89.1%). Net result +42.9k NOK → -63.7k NOK. Equity 103.7k NOK → 40.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 10FOLD AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 3.14m NOK → 3 168 NOK (796% → 7% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 394.7k NOK to 42.9k NOK (-89.1% YoY). Calculated
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↓
Operating result weakened
Operating result +42.9k NOK → -63.7k NOK (op. margin 10.9% → -148.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 42.9k NOK profit to a loss of 63.7k NOK. Calculated
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↓
Equity eroded
Book equity 103.7k NOK → 40.0k NOK (equity ratio 70.1% → 50.1%). Calculated
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↓
Cash fell
Bank deposits 142.6k NOK → 74.3k NOK (-47.9% YoY). Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact