Org.nr 917 790 558 2023 → 2024 Year-over-year analysis

2KN RØR-SERVICE AS: årsregnskap 2024 vs 2023

Stronger earnings, cash halved-plus

approved 2025-06-26; registry 2025-07-03; journal 2025 625854

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 2KN RØR-SERVICE AS. Revenue 3.28m NOK → 3.12m NOK (-4.8%). Net result +51.7k NOK → +281.4k NOK. Equity 145.2k NOK → 426.6k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2KN RØR-SERVICE AS.

Scorecard

Revenue
3.28m NOK 3.12m NOK
-4.8%
Operating result
+45.2k NOK +275.8k NOK
+509.6%
Net result
+51.7k NOK +281.4k NOK
+444.3%
Equity
145.2k NOK 426.6k NOK
+193.8%
Cash
130.1k NOK 58.2k NOK
-55.3%
Total assets
954.3k NOK 39.4k NOK
-95.9%

What improved

  • ↑

    Operating result improved

    Operating result +45.2k NOK → +275.8k NOK (op. margin 1.4% → 8.8%). Calculated

  • ↑

    Net result improved

    Net result +51.7k NOK → +281.4k NOK (net margin 1.6% → 9.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 145.2k NOK → 426.6k NOK (equity ratio 15.2% → 1081.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.78× → 1.17×. Calculated

  • ↑

    Payroll decreased

    Salary cost 2.05m NOK → 1.91m NOK (62% → 61% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.28m NOK to 3.12m NOK (-4.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 130.1k NOK → 58.2k NOK (-55.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 85.8k NOK → 125.8k NOK. Reported fact