Org.nr 924 956 186 2023 → 2024 Year-over-year analysis

5 STAR FOODS AS: årsregnskap 2024 vs 2023

Grew 600% on revenue, stronger earnings, cash halved-plus

approved 2025-06-27; registry 2025-07-01; journal 2025 606830

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 5 STAR FOODS AS. Revenue -113.9k NOK → 569.7k NOK (+600.3%). Net result +51.3k NOK → +3.16m NOK. Equity 225.2k NOK → 382.2k NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 5 STAR FOODS AS.

Scorecard

Revenue
-113.9k NOK 569.7k NOK
+600.3%
Operating result
+59.2k NOK +242.8k NOK
+310.0%
Net result
+51.3k NOK +3.16m NOK
+6058.9%
Equity
225.2k NOK 382.2k NOK
+69.7%
Cash
180.8k NOK 9 013 NOK
-95.0%
Total assets
932.3k NOK 987.1k NOK
+5.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from -113.9k NOK to 569.7k NOK (+600.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +59.2k NOK → +242.8k NOK (op. margin -52.0% → 42.6%). Calculated

  • ↑

    Net result improved

    Net result +51.3k NOK → +3.16m NOK (net margin -45.0% → 554.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 225.2k NOK → 382.2k NOK (equity ratio 24.2% → 38.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 180.8k NOK → 9 013 NOK (-95.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 NOK → 99.3k NOK (-0% → 17% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad -329.8k NOK → 225.1k NOK (+168.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 616.2k NOK → 624.1k NOK. Reported fact