20TWENTY AS: årsregnskap 2024 vs 2023
Weaker earnings
approved 2025-06-26; registry 2025-07-23; journal 2025 621108
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 20TWENTY AS. Revenue 7.50m NOK → 7.48m NOK (-0.3%). Net result +684.8k NOK → +409.6k NOK. Equity 2.49m NOK → 3.90m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 20TWENTY AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 2.49m NOK → 3.90m NOK (equity ratio 50.1% → 66.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.50m NOK to 7.48m NOK (-0.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +781.6k NOK → +444.0k NOK (op. margin 10.4% → 5.9%). Calculated
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↓
Net result weakened
Net result +684.8k NOK → +409.6k NOK (net margin 9.1% → 5.5%). Calculated
-
↓
Cash fell
Bank deposits 3.02m NOK → 2.02m NOK (-33.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 6 418 NOK → 0 NOK (-100.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 408.4k NOK → 192.4k NOK. Reported fact