10MILESNORTH AS: årsregnskap 2024 vs 2023
Grew 37% on revenue, weaker earnings, fresh owner capital
approved 2025-03-11; registry 2025-07-14; journal 2025 668635
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 10MILESNORTH AS. Revenue 1.41m NOK → 1.93m NOK (+37.4%). Net result -165.7k NOK → -463.7k NOK. Equity 5.24m NOK → 4.78m NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 10MILESNORTH AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.41m NOK to 1.93m NOK (+37.4% YoY). Calculated
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Cash rose
Bank deposits -329.1k NOK → 576.5k NOK (+275.2% YoY). Calculated
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Owners injected capital
Paid-in equity rose 100.0k NOK → 8.10m NOK (+8.00m NOK). Reported fact
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Payroll decreased
Salary cost 1.15m NOK → 146.8k NOK (82% → 8% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -136.7k NOK → -351.4k NOK (op. margin -9.7% → -18.2%). Calculated
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Net result weakened
Net result -165.7k NOK → -463.7k NOK (net margin -11.8% → -24.0%). Calculated
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↓
Equity eroded
Book equity 5.24m NOK → 4.78m NOK (equity ratio 75.6% → 44.1%). Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact