Org.nr 911 634 120 2023 → 2024 Year-over-year analysis

2-HAND INTERNATIONAL MACHINERY AND PRODUCTION EQUIPMENT AS: årsregnskap 2024 vs 2023

Shrank 54% on revenue, slipped into loss, cash halved-plus

registry 2025-07-24; journal 2025 693385

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 2-HAND INTERNATIONAL MACHINERY AND PRODUCTION EQUIPMENT AS. Revenue 62.88m NOK → 29.03m NOK (-53.8%). Net result +775.0k NOK → -540.1k NOK. Equity 7.91m NOK → 7.37m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for 2-HAND INTERNATIONAL MACHINERY AND PRODUCTION EQUIPMENT AS.

Scorecard

Revenue
62.88m NOK 29.03m NOK
-53.8%
Operating result
+1.31m NOK -224.6k NOK
-117.2%
Net result
+775.0k NOK -540.1k NOK
-169.7%
Equity
7.91m NOK 7.37m NOK
-6.8%
Cash
2.51m NOK 944.2k NOK
-62.4%
Total assets
14.33m NOK 13.87m NOK
-3.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 62.88m NOK to 29.03m NOK (-53.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.31m NOK → -224.6k NOK (op. margin 2.1% → -0.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 775.0k NOK profit to a loss of 540.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 7.91m NOK → 7.37m NOK (equity ratio 55.2% → 53.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.51m NOK → 944.2k NOK (-62.4% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.51m NOK → 944.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 59.68m NOK → 27.06m NOK (-54.7% YoY). Calculated