Org.nr 994 986 775 2023 → 2024 Year-over-year analysis

123BILMEGLER HARDANGER AS: årsregnskap 2024 vs 2023

Shrank 34% on revenue, slipped into loss, cash halved-plus

approved 2025-07-02; registry 2025-07-10; journal 2025 658784

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 123BILMEGLER HARDANGER AS. Revenue 8.42m NOK → 5.54m NOK (-34.2%). Net result +63.7k NOK → -395.0k NOK. Equity 121.6k NOK → -273.5k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 123BILMEGLER HARDANGER AS.

Scorecard

Revenue
8.42m NOK 5.54m NOK
-34.2%
Operating result
+122.7k NOK -296.5k NOK
-341.7%
Net result
+63.7k NOK -395.0k NOK
-719.7%
Equity
121.6k NOK -273.5k NOK
-325.0%
Cash
166.9k NOK 5 903 NOK
-96.5%
Total assets
958.7k NOK 581.0k NOK
-39.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.42m NOK to 5.54m NOK (-34.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +122.7k NOK → -296.5k NOK (op. margin 1.5% → -5.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 63.7k NOK profit to a loss of 395.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 121.6k NOK → -273.5k NOK (equity ratio 12.7% → -47.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 166.9k NOK → 5 903 NOK (-96.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -47.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 7.28m NOK → 4.89m NOK (-32.9% YoY). Calculated