Org.nr 911 641 534 2023 → 2024 Year-over-year analysis

5 STAR AS: årsregnskap 2024 vs 2023

Grew 55% on revenue, weaker earnings

approved 2025-06-25; registry 2025-07-01; journal 2025 603813

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 5 STAR AS. Revenue 453.4k NOK → 702.7k NOK (+55.0%). Net result +59.0k NOK → +43.8k NOK. Equity -166.2k NOK → -122.3k NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 5 STAR AS.

Scorecard

Revenue
453.4k NOK 702.7k NOK
+55.0%
Operating result
+59.0k NOK +43.9k NOK
-25.6%
Net result
+59.0k NOK +43.8k NOK
-25.7%
Equity
-166.2k NOK -122.3k NOK
+26.4%
Cash
66.1k NOK 66.1k NOK
+0.0%
Total assets
923.6k NOK 961.9k NOK
+4.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 453.4k NOK to 702.7k NOK (+55.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -166.2k NOK → -122.3k NOK (equity ratio -18.0% → -12.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 5 658 NOK → 1 NOK (1% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +59.0k NOK → +43.9k NOK (op. margin 13.0% → 6.2%). Calculated

  • ↓

    Net result weakened

    Net result +59.0k NOK → +43.8k NOK (net margin 13.0% → 6.2%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 284 NOK → 584.3k NOK (+205653.2% YoY). Calculated