Org.nr 925 837 350 2023 → 2024 Year-over-year analysis

1814 HOLDING AS: årsregnskap 2024 vs 2023

Shrank 80% on revenue, stronger earnings, cash halved-plus

approved 2025-06-30; registry 2025-07-15; journal 2025 674256

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 1814 HOLDING AS. Revenue 5.49m NOK → 1.10m NOK (-79.9%). Net result +152.7k NOK → +284.6k NOK. Equity 51.1k NOK → 1.08m NOK.

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

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for 1814 HOLDING AS.

Scorecard

Revenue
5.49m NOK 1.10m NOK
-79.9%
Operating result
+857.5k NOK +541.2k NOK
-36.9%
Net result
+152.7k NOK +284.6k NOK
+86.3%
Equity
51.1k NOK 1.08m NOK
+2010.9%
Cash
547.0k NOK 219.9k NOK
-59.8%
Total assets
4.52m NOK 3.46m NOK
-23.6%

What improved

  • ↑

    Net result improved

    Net result +152.7k NOK → +284.6k NOK (net margin 2.8% → 25.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 51.1k NOK → 1.08m NOK (equity ratio 1.1% → 31.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.49m NOK to 1.10m NOK (-79.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +857.5k NOK → +541.2k NOK (op. margin 15.6% → 49.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 547.0k NOK → 219.9k NOK (-59.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.85m NOK → 2.19m NOK (34% → 198% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 50.0k NOK → 48.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 40.0k NOK → 0 NOK (-100.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 15.0k NOK. Reported fact