Org.nr 920 713 378 2023 → 2024 Year-over-year analysis

21ST COMPANY AS: årsregnskap 2024 vs 2023

Grew 201937% on revenue, stronger earnings, cash halved-plus

registry 2025-10-06; journal 2025 759044

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 21ST COMPANY AS. Revenue 499 NOK → 1.01m NOK (+201936.9%). Net result -584.9k NOK → -98.7k NOK. Equity 1.66m NOK → 3.06m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 21ST COMPANY AS.

Scorecard

Revenue
499 NOK 1.01m NOK
+201936.9%
Operating result
-582.3k NOK -61.7k NOK
+89.4%
Net result
-584.9k NOK -98.7k NOK
+83.1%
Equity
1.66m NOK 3.06m NOK
+84.4%
Cash
154.2k NOK 61.6k NOK
-60.1%
Total assets
929.5k NOK 4.88m NOK
+425.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 499 NOK to 1.01m NOK (+201936.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -582.3k NOK → -61.7k NOK (op. margin -116699.6% → -6.1%). Calculated

  • ↑

    Net result improved

    Net result -584.9k NOK → -98.7k NOK (net margin -117206.8% → -9.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.66m NOK → 3.06m NOK (equity ratio 178.7% → 62.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.66m NOK → 3.06m NOK (+1.40m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 154.2k NOK → 61.6k NOK (-60.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 106.3k NOK → 950.9k NOK (+794.4% YoY). Calculated