Org.nr 924 526 327 2023 → 2024 Year-over-year analysis

1242 APPS AS: årsregnskap 2024 vs 2023

Shrank 18% on revenue, weaker earnings, cash halved-plus

approved 2025-10-27; registry 2025-10-30; journal 2025 761298

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 1242 APPS AS. Revenue 198.33m NOK → 161.80m NOK (-18.4%). Net result -44.6k NOK → -73.52m NOK. Equity 98.06m NOK → 9.00m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 1242 APPS AS.

Scorecard

Revenue
198.33m NOK 161.80m NOK
-18.4%
Operating result
-6.42m NOK -8.06m NOK
-25.6%
Net result
-44.6k NOK -73.52m NOK
-164648.3%
Equity
98.06m NOK 9.00m NOK
-90.8%
Cash
228.1k NOK 62.7k NOK
-72.5%
Total assets
145.48m NOK 45.29m NOK
-68.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 198.33m NOK to 161.80m NOK (-18.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -6.42m NOK → -8.06m NOK (op. margin -3.2% → -5.0%). Calculated

  • ↓

    Net result weakened

    Net result -44.6k NOK → -73.52m NOK (net margin -0.0% → -45.4%). Calculated

  • ↓

    Equity eroded

    Book equity 98.06m NOK → 9.00m NOK (equity ratio 67.4% → 19.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 228.1k NOK → 62.7k NOK (-72.5% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 98.06m NOK → 9.00m NOK — check capital reduction, conversion, or reclassification. Interpretation