14SAFETY AS: årsregnskap 2024 vs 2023
Shrank 21% on revenue, returned to profit
approved 2025-06-23; registry 2025-06-25; journal 2025 572198
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 14SAFETY AS. Revenue 705.8k NOK → 557.9k NOK (-21.0%). Net result -100.5k NOK → +47.5k NOK. Equity 38.2k NOK → 85.7k 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 14SAFETY AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -99.9k NOK → +47.7k NOK (op. margin -14.2% → 8.5%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 100.5k NOK to a profit of 47.5k NOK. Calculated
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↑
Equity strengthened
Book equity 38.2k NOK → 85.7k NOK (equity ratio 53.1% → 70.8%). Calculated
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↑
Cash rose
Bank deposits 12.5k NOK → 77.4k NOK (+518.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 705.8k NOK to 557.9k NOK (-21.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 672.9k NOK → 379.4k NOK (-43.6% YoY). Calculated