Org.nr 922 787 352 2023 → 2024 Year-over-year analysis

5029INC AS: årsregnskap 2024 vs 2023

Grew 19% on revenue, weaker earnings

registry 2025-08-14; journal 2025 746202

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 5029INC AS. Revenue 4.13m NOK → 4.90m NOK (+18.7%). Net result +411.8k NOK → +128.1k NOK. Equity 72.2k NOK → 200.3k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 5029INC AS.

Scorecard

Revenue
4.13m NOK 4.90m NOK
+18.7%
Operating result
+410.6k NOK +130.2k NOK
-68.3%
Net result
+411.8k NOK +128.1k NOK
-68.9%
Equity
72.2k NOK 200.3k NOK
+177.3%
Cash
446.9k NOK 639.4k NOK
+43.1%
Total assets
711.2k NOK 749.9k NOK
+5.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.13m NOK to 4.90m NOK (+18.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 72.2k NOK → 200.3k NOK (equity ratio 10.2% → 26.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 446.9k NOK → 639.4k NOK (+43.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.97m NOK → 1.65m NOK (48% → 34% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +410.6k NOK → +130.2k NOK (op. margin 10.0% → 2.7%). Calculated

  • ↓

    Net result weakened

    Net result +411.8k NOK → +128.1k NOK (net margin 10.0% → 2.6%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 370.5k NOK → 673.1k NOK (+81.7% YoY). Calculated