Org.nr 995 251 094 2023 → 2024 Year-over-year analysis

24SEVENOFFICE NORWAY AS: årsregnskap 2024 vs 2023

Grew 30% on revenue, returned to profit, cash halved-plus

approved 2025-02-20; registry 2025-06-12; journal 2025 511693

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 24SEVENOFFICE NORWAY AS. Revenue 245.88m NOK → 320.57m NOK (+30.4%). Net result -62.08m NOK → +18.08m NOK. Equity 23.02m NOK → 41.09m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 24SEVENOFFICE NORWAY AS.

Scorecard

Revenue
245.88m NOK 320.57m NOK
+30.4%
Operating result
-30.20m NOK +45.66m NOK
+251.2%
Net result
-62.08m NOK +18.08m NOK
+129.1%
Equity
23.02m NOK 41.09m NOK
+78.5%
Cash
49.47m NOK 22.42m NOK
-54.7%
Total assets
353.6k NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 245.88m NOK to 320.57m NOK (+30.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -30.20m NOK → +45.66m NOK (op. margin -12.3% → 14.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 62.08m NOK to a profit of 18.08m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 23.02m NOK → 41.09m NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 5.12bn NOK → 5.12bn NOK (2084% → 1597% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 49.47m NOK → 22.42m NOK (-54.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 16.88m NOK → 15.50m NOK (-8.2% YoY). Calculated