120PLUS AS: årsregnskap 2024 vs 2023
Slipped into loss, cash halved-plus
approved 2025-04-28; registry 2025-05-14; journal 2025 398442
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 120PLUS AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +18.0k NOK → -1.37m NOK. Equity 24.7k NOK → -1.34m NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 120PLUS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -120.5k NOK → -17.9k NOK. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 18.0k NOK profit to a loss of 1.37m NOK. Calculated
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↓
Equity eroded
Book equity 24.7k NOK → -1.34m NOK (equity ratio 7.2% → -317.4%). Calculated
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↓
Cash fell
Bank deposits 148.0k NOK → 4 047 NOK (-97.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -317.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 1.16m NOK → 0 NOK. Reported fact