Org.nr 830 005 412 2023 → 2024 Year-over-year analysis

1ST ENERGY AS: årsregnskap 2024 vs 2023

Grew 133% on revenue, stronger earnings

approved 2025-06-10; registry 2025-06-26; journal 2025 583716

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 1ST ENERGY AS. Revenue 37.74m NOK → 87.90m NOK (+132.9%). Net result +57.9k NOK → +5.54m NOK. Equity 1.86m NOK → 4.39m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 1ST ENERGY AS.

Scorecard

Revenue
37.74m NOK 87.90m NOK
+132.9%
Operating result
+11.6k NOK +159.1k NOK
+1276.0%
Net result
+57.9k NOK +5.54m NOK
+9469.0%
Equity
1.86m NOK 4.39m NOK
+135.4%
Cash
2.37m NOK 4.20m NOK
+77.7%
Total assets
19.39m NOK 27.50m NOK
+41.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 37.74m NOK to 87.90m NOK (+132.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +11.6k NOK → +159.1k NOK (op. margin 0.0% → 0.2%). Calculated

  • ↑

    Net result improved

    Net result +57.9k NOK → +5.54m NOK (net margin 0.2% → 6.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.86m NOK → 4.39m NOK (equity ratio 9.6% → 15.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.37m NOK → 4.20m NOK (+77.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 949 NOK → 3.73m NOK (0% → 4% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 32.17m NOK → 77.09m NOK (+139.7% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 16. Reported fact