Org.nr 926 677 845 2023 → 2024 Year-over-year analysis

5T STYLE AS: årsregnskap 2024 vs 2023

Weaker earnings

registry 2025-05-27; journal 2025 474399

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 5T STYLE AS. Revenue 1.51m NOK → 1.53m NOK (+1.2%). Net result +243.1k NOK → +162.1k NOK. Equity 293.9k NOK → 411.0k NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 5T STYLE AS.

Scorecard

Revenue
1.51m NOK 1.53m NOK
+1.2%
Operating result
+309.4k NOK +211.0k NOK
-31.8%
Net result
+243.1k NOK +162.1k NOK
-33.3%
Equity
293.9k NOK 411.0k NOK
+39.8%
Cash
346.6k NOK 474.6k NOK
+36.9%
Total assets
674.8k NOK 729.0k NOK
+8.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.51m NOK to 1.53m NOK (+1.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 293.9k NOK → 411.0k NOK (equity ratio 43.5% → 56.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 346.6k NOK → 474.6k NOK (+36.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +309.4k NOK → +211.0k NOK (op. margin 20.5% → 13.8%). Calculated

  • ↓

    Net result weakened

    Net result +243.1k NOK → +162.1k NOK (net margin 16.1% → 10.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 648.1k NOK → 762.6k NOK (43% → 50% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 83.3k NOK → 71 NOK (-99.9% YoY). Calculated