Org.nr 923 672 885 2023 → 2024 Year-over-year analysis

59 EIENDOM AS: årsregnskap 2024 vs 2023

Shrank 69% on revenue, weaker earnings, cash halved-plus

approved 2025-06-26; registry 2025-06-30; journal 2025 596069

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 59 EIENDOM AS. Revenue 493.9k NOK → 155.3k NOK (-68.6%). Net result +86.3k NOK → +30.8k NOK. Equity 89.2k NOK → 120.1k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 59 EIENDOM AS.

Scorecard

Revenue
493.9k NOK 155.3k NOK
-68.6%
Operating result
+100.0k NOK +46.5k NOK
-53.5%
Net result
+86.3k NOK +30.8k NOK
-64.2%
Equity
89.2k NOK 120.1k NOK
+34.6%
Cash
49.9k NOK 21.9k NOK
-56.1%
Total assets
167.4k NOK 202.4k NOK
+20.9%

What improved

  • ↑

    Equity strengthened

    Book equity 89.2k NOK → 120.1k NOK (equity ratio 53.3% → 59.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.32m NOK → 2 NOK (470% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 493.9k NOK to 155.3k NOK (-68.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +100.0k NOK → +46.5k NOK (op. margin 20.2% → 30.0%). Calculated

  • ↓

    Net result weakened

    Net result +86.3k NOK → +30.8k NOK (net margin 17.5% → 19.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 49.9k NOK → 21.9k NOK (-56.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 11.1k NOK → 3 600 NOK (-67.6% YoY). Calculated