Org.nr 927 442 183 2023 → 2024 Year-over-year analysis

123 MULTISERVICE AS: årsregnskap 2024 vs 2023

Shrank 74% on revenue, weaker earnings, fresh owner capital

approved 2025-05-27; registry 2025-06-02; journal 2025 497773

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 123 MULTISERVICE AS. Revenue 975.3k NOK → 257.7k NOK (-73.6%). Net result -341.2k NOK → -940.1k NOK. Equity 644.9k NOK → -295.2k NOK.

On the constructive side: current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for 123 MULTISERVICE AS.

Scorecard

Revenue
975.3k NOK 257.7k NOK
-73.6%
Operating result
-341.2k NOK -940.1k NOK
-175.5%
Net result
-341.2k NOK -940.1k NOK
-175.5%
Equity
644.9k NOK -295.2k NOK
-145.8%
Cash
219.5k NOK 169.8k NOK
-22.7%
Total assets
1.38m NOK 759.2k NOK
-45.0%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio -477.72× → 1.91×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1 494 NOK → 1.49m NOK (+1.49m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 975.3k NOK to 257.7k NOK (-73.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -341.2k NOK → -940.1k NOK (op. margin -35.0% → -364.8%). Calculated

  • ↓

    Net result weakened

    Net result -341.2k NOK → -940.1k NOK (net margin -35.0% → -364.8%). Calculated

  • ↓

    Equity eroded

    Book equity 644.9k NOK → -295.2k NOK (equity ratio 46.7% → -38.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 219.5k NOK → 169.8k NOK (-22.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -38.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 579.8k NOK → 300.4k NOK (-48.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 136.8k NOK → 53.6k NOK. Reported fact