Org.nr 930 805 653 2023 → 2024 Year-over-year analysis

2ND HAND AS: årsregnskap 2024 vs 2023

Grew 157% on revenue, stronger earnings

approved 2025-05-20; registry 2025-06-03; journal 2025 506720

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 2ND HAND AS. Revenue 1.59m NOK → 4.08m NOK (+157.3%). Net result -183.0k NOK → -45.2k NOK. Equity -153 NOK → -15.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for 2ND HAND AS.

Scorecard

Revenue
1.59m NOK 4.08m NOK
+157.3%
Operating result
-204.6k NOK +2 902 NOK
+101.4%
Net result
-183.0k NOK -45.2k NOK
+75.3%
Equity
-153 NOK -15.2k NOK
-9812.4%
Cash
226.1k NOK 612.3k NOK
+170.8%
Total assets
546.4k NOK 868.6k NOK
+59.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.59m NOK to 4.08m NOK (+157.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -204.6k NOK → +2 902 NOK (op. margin -12.9% → 0.1%). Calculated

  • ↑

    Net result improved

    Net result -183.0k NOK → -45.2k NOK (net margin -11.5% → -1.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 226.1k NOK → 612.3k NOK (+170.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.72m NOK → 2.05m NOK (171% → 50% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -153 NOK → -15.2k NOK (equity ratio -0.0% → -1.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 2. Reported fact