10X CONSULTING AS: årsregnskap 2024 vs 2023
Shrank 19% on revenue, returned to profit
registry 2025-03-22; journal 2025 342762
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 10X CONSULTING AS. Revenue 688.9k NOK → 557.8k NOK (-19.0%). Net result -354.7k NOK → +37.5k NOK. Equity 56.1k NOK → 93.6k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 10X CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -376.6k NOK → +37.5k NOK (op. margin -54.7% → 6.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 354.7k NOK to a profit of 37.5k NOK. Calculated
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↑
Equity strengthened
Book equity 56.1k NOK → 93.6k NOK (equity ratio 36.9% → 42.9%). Calculated
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Cash rose
Bank deposits 133.5k NOK → 205.0k NOK (+53.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.57m NOK → 2.19m NOK (373% → 392% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 688.9k NOK to 557.8k NOK (-19.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 241.4k NOK → 34.4k NOK (-85.7% YoY). Calculated