Org.nr 916 657 986 2023 → 2024 Year-over-year analysis

5 STAR HOLDING AS: årsregnskap 2024 vs 2023

Shrank 36% on revenue, returned to profit, cash halved-plus

approved 2025-07-08; registry 2025-07-15; journal 2025 677095

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 5 STAR HOLDING AS. Revenue 338.0k NOK → 216.8k NOK (-35.8%). Net result -102.0k NOK → +21.7k NOK. Equity -79.6k NOK → -57.9k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 5 STAR HOLDING AS.

Scorecard

Revenue
338.0k NOK 216.8k NOK
-35.8%
Operating result
+65.8k NOK +367.3k NOK
+458.0%
Net result
-102.0k NOK +21.7k NOK
+121.2%
Equity
-79.6k NOK -57.9k NOK
+27.2%
Cash
667.1k NOK 67.8k NOK
-89.8%
Total assets
6.24m NOK 7.38m NOK
+18.4%

What improved

  • ↑

    Operating result improved

    Operating result +65.8k NOK → +367.3k NOK (op. margin 19.5% → 169.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 102.0k NOK to a profit of 21.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -79.6k NOK → -57.9k NOK (equity ratio -1.3% → -0.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 338.0k NOK to 216.8k NOK (-35.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 667.1k NOK → 67.8k NOK (-89.8% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 60.0k NOK → 439.3k NOK (+632.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 20.0k NOK → 22.5k NOK. Reported fact