21-5 NORGE AS: årsregnskap 2024 vs 2023
Shrank 100% on revenue, stronger earnings, cash halved-plus
approved 2024-12-31; registry 2025-07-24; journal 2025 695721
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 21-5 NORGE AS. Revenue 599.6k NOK → 919 NOK (-99.8%). Net result -4.18m NOK → -1.93m NOK. Equity -13.79m NOK → -15.71m NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; paid-in equity reduced; headcount (årsverk) changed. All figures are taken from the published annual accounts for 21-5 NORGE AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -1.71m NOK → -464.0k NOK (op. margin -284.4% → -50489.7%). Calculated
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Net result improved
Net result -4.18m NOK → -1.93m NOK (net margin -696.3% → -209902.1%). Calculated
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Payroll decreased
Salary cost 2.66m NOK → 355.0k NOK (443% → 38629% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 599.6k NOK to 919 NOK (-99.8% YoY). Calculated
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↓
Equity eroded
Book equity -13.79m NOK → -15.71m NOK (equity ratio -194.9% → -553.5%). Calculated
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Cash fell
Bank deposits 7.07m NOK → 2.84m NOK (-59.9% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -553.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 30.0k NOK → -15.71m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact