18 WARD AS: årsregnskap 2024 vs 2023
Shrank 10% on revenue, slipped into loss
approved 2025-05-21; registry 2025-05-24; journal 2025 458821
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 18 WARD AS. Revenue 8 486 NOK → 7 648 NOK (-9.9%). Net result +5 570 NOK → -4 789 NOK. Equity 30.0k NOK → 25.2k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 21.5k NOK → 25.2k NOK (+17.2% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 8 486 NOK to 7 648 NOK (-9.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +5 566 NOK → -4 819 NOK (op. margin 65.6% → -63.0%). Calculated
-
↓
Fell into a net loss
Net result flipped from 5 570 NOK profit to a loss of 4 789 NOK. Calculated
-
↓
Equity eroded
Book equity 30.0k NOK → 25.2k NOK (equity ratio 50.0% → 44.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.00× → 0.85× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated