Org.nr 995 453 975 2023 → 2024 Year-over-year analysis

24FITNESS AS: årsregnskap 2024 vs 2023

Grew 17% on revenue, slipped into loss, cash halved-plus

registry 2025-07-12; journal 2025 659684

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 24FITNESS AS. Revenue 31.12m NOK → 36.33m NOK (+16.7%). Net result +768.2k NOK → -475.7k NOK. Equity 4.28m NOK → 3.20m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 24FITNESS AS.

Scorecard

Revenue
31.12m NOK 36.33m NOK
+16.7%
Operating result
+992.8k NOK -544.2k NOK
-154.8%
Net result
+768.2k NOK -475.7k NOK
-161.9%
Equity
4.28m NOK 3.20m NOK
-25.1%
Cash
3.20m NOK 1.48m NOK
-53.8%
Total assets
9.10m NOK 6.35m NOK
-30.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 31.12m NOK to 36.33m NOK (+16.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +992.8k NOK → -544.2k NOK (op. margin 3.2% → -1.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 768.2k NOK profit to a loss of 475.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.28m NOK → 3.20m NOK (equity ratio 47.0% → 50.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.20m NOK → 1.48m NOK (-53.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.73m NOK → 3.56m NOK (9% → 10% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 21.06m NOK → 24.81m NOK (+17.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 320.4k NOK → 322.5k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 4. Reported fact