Org.nr 918 774 459 2023 → 2024 Year-over-year analysis

150 YARDS AHEAD AS: årsregnskap 2024 vs 2023

Shrank 29% on revenue, stronger earnings

approved 2025-08-06; registry 2025-08-09; journal 2025 743932

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 150 YARDS AHEAD AS. Revenue 482.5k NOK → 340.5k NOK (-29.4%). Net result -363.5k NOK → -174.0k NOK. Equity -465.2k NOK → -639.2k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 150 YARDS AHEAD AS.

Scorecard

Revenue
482.5k NOK 340.5k NOK
-29.4%
Operating result
-341.1k NOK -129.9k NOK
+61.9%
Net result
-363.5k NOK -174.0k NOK
+52.1%
Equity
-465.2k NOK -639.2k NOK
-37.4%
Cash
11.2k NOK 9 999 NOK
-10.7%
Total assets
569.4k NOK 412.8k NOK
-27.5%

What improved

  • ↑

    Operating result improved

    Operating result -341.1k NOK → -129.9k NOK (op. margin -70.7% → -38.2%). Calculated

  • ↑

    Net result improved

    Net result -363.5k NOK → -174.0k NOK (net margin -75.3% → -51.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 482.5k NOK to 340.5k NOK (-29.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -465.2k NOK → -639.2k NOK (equity ratio -81.7% → -154.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 11.2k NOK → 9 999 NOK (-10.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -154.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 549.8k NOK → 321.4k NOK (-41.5% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact