2040 NORWAY AS: årsregnskap 2024 vs 2023
Shrank 77% on revenue
approved 2025-04-12; registry 2025-04-15; journal 2025 379370
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 2040 NORWAY AS. Revenue 104.4k NOK → 24.4k NOK (-76.7%). Net result -35.8k NOK → -30.1k NOK. Equity -3 736 NOK → -33.8k NOK.
On the constructive side: net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2040 NORWAY AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -35.8k NOK → -30.1k NOK (net margin -34.3% → -123.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 104.4k NOK to 24.4k NOK (-76.7% YoY). Calculated
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↓
Equity eroded
Book equity -3 736 NOK → -33.8k NOK (equity ratio -19.6% → -174.3%). Calculated
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↓
Cash fell
Bank deposits 19.1k NOK → 11.6k NOK (-39.5% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 17 NOK → 21.1k NOK (0% → 86% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -174.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation