1EARTH HOLDING AS: årsregnskap 2024 vs 2023
Shrank 89% on revenue, slipped into loss, cash halved-plus
registry 2025-06-17; journal 2025 543696
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 1EARTH HOLDING AS. Revenue 62.5k NOK → 6 871 NOK (-89.0%). Net result +15.4k NOK → -12.4k NOK. Equity -15.8k NOK → -28.1k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 1EARTH HOLDING AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 62.5k NOK to 6 871 NOK (-89.0% YoY). Calculated
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Operating result weakened
Operating result +15.6k NOK → -12.3k NOK (op. margin 25.0% → -179.3%). Calculated
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Fell into a net loss
Net result flipped from 15.4k NOK profit to a loss of 12.4k NOK. Calculated
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Equity eroded
Book equity -15.8k NOK → -28.1k NOK (equity ratio -93.9% → -165.8%). Calculated
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Cash fell
Bank deposits 257.8k NOK → 5 905 NOK (-97.7% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -165.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 21.4k NOK → 6 640 NOK (-69.0% YoY). Calculated