Org.nr 928 543 404 2023 → 2024 Year-over-year analysis

2ND NORGE AS: årsregnskap 2024 vs 2023

Shrank 100% on revenue, slipped into loss

approved 2025-06-10; registry 2025-06-16; journal 2025 540446

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 2ND NORGE AS. Revenue 225.0k NOK → 225 NOK (-99.9%). Net result +35.3k NOK → -12.1k NOK. Equity 68.6k NOK → 56.5k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
225.0k NOK 225 NOK
-99.9%
Operating result
+43.3k NOK -11.3k NOK
-126.2%
Net result
+35.3k NOK -12.1k NOK
-134.4%
Equity
68.6k NOK 56.5k NOK
-17.7%
Cash
97.8k NOK 67.1k NOK
-31.4%
Total assets
97.8k NOK 67.1k NOK
-31.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.17m NOK → 171 NOK (521% → 76% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 225.0k NOK to 225 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +43.3k NOK → -11.3k NOK (op. margin 19.2% → -5029.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 35.3k NOK profit to a loss of 12.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 68.6k NOK → 56.5k NOK (equity ratio 70.1% → 84.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 97.8k NOK → 67.1k NOK (-31.4% YoY). Calculated