Org.nr 991 108 017 2023 → 2024 Year-over-year analysis

5C EIENDOM AS: årsregnskap 2024 vs 2023

Shrank 19% on revenue, stronger earnings, cash halved-plus

approved 2025-02-25; registry 2025-02-27; journal 2025 318418

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 5C EIENDOM AS. Revenue 1.86m NOK → 1.50m NOK (-19.3%). Net result +81.7k NOK → +5.45m NOK. Equity 2.85m NOK → 3.30m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 5C EIENDOM AS.

Scorecard

Revenue
1.86m NOK 1.50m NOK
-19.3%
Operating result
+898.5k NOK +41.2k NOK
-95.4%
Net result
+81.7k NOK +5.45m NOK
+6572.6%
Equity
2.85m NOK 3.30m NOK
+15.7%
Cash
954.3k NOK 252.0k NOK
-73.6%
Total assets
9.02m NOK 9.11m NOK
+0.9%

What improved

  • ↑

    Net result improved

    Net result +81.7k NOK → +5.45m NOK (net margin 4.4% → 362.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.85m NOK → 3.30m NOK (equity ratio 31.6% → 36.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 42.7k NOK → 21.8k NOK (2% → 1% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.86m NOK to 1.50m NOK (-19.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +898.5k NOK → +41.2k NOK (op. margin 48.3% → 2.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 954.3k NOK → 252.0k NOK (-73.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 528.4k NOK → 51.7k NOK (-90.2% YoY). Calculated