Org.nr 912 590 178 2023 → 2024 Year-over-year analysis

2 SOLER AS: årsregnskap 2024 vs 2023

Shrank 82% on revenue, weaker earnings

approved 2025-07-01; registry 2025-07-26; journal 2025 698597

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 2 SOLER AS. Revenue 10.42m NOK → 1.89m NOK (-81.8%). Net result -238.6k NOK → -601.8k NOK. Equity 728.9k NOK → 127.2k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for 2 SOLER AS.

Scorecard

Revenue
10.42m NOK 1.89m NOK
-81.8%
Operating result
-199.7k NOK -281.5k NOK
-41.0%
Net result
-238.6k NOK -601.8k NOK
-152.2%
Equity
728.9k NOK 127.2k NOK
-82.6%
Cash
2 562 NOK 1 900 NOK
-25.8%
Total assets
3.44m NOK 1.94m NOK
-43.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 301.7k NOK → 24.3k NOK (3% → 1% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.42m NOK to 1.89m NOK (-81.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -199.7k NOK → -281.5k NOK (op. margin -1.9% → -14.9%). Calculated

  • ↓

    Net result weakened

    Net result -238.6k NOK → -601.8k NOK (net margin -2.3% → -31.8%). Calculated

  • ↓

    Equity eroded

    Book equity 728.9k NOK → 127.2k NOK (equity ratio 21.2% → 6.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 9.38m NOK → 1.40m NOK (-85.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 9 000 NOK → 0 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact