Org.nr 929 263 049 2023 → 2024 Year-over-year analysis

657 OSLO AS: årsregnskap 2024 vs 2023

Shrank 91% on revenue, slipped into loss, cash halved-plus

approved 2025-08-12; registry 2025-09-01; journal 2025 752929

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 657 OSLO AS. Revenue 140.0k NOK → 12.1k NOK (-91.3%). Net result +8 806 NOK → -28.8k NOK. Equity 31.6k NOK → 2 896 NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 657 OSLO AS.

Scorecard

Revenue
140.0k NOK 12.1k NOK
-91.3%
Operating result
+9 327 NOK -28.7k NOK
-408.0%
Net result
+8 806 NOK -28.8k NOK
-426.5%
Equity
31.6k NOK 2 896 NOK
-90.8%
Cash
82.8k NOK 24.2k NOK
-70.8%
Total assets
129.9k NOK 33.4k NOK
-74.3%

What improved

  • ↑

    Payroll decreased

    Salary cost 58.0k NOK → -58.0k NOK (41% → -479% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 140.0k NOK to 12.1k NOK (-91.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +9 327 NOK → -28.7k NOK (op. margin 6.7% → -237.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 8 806 NOK profit to a loss of 28.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 31.6k NOK → 2 896 NOK (equity ratio 24.4% → 8.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 82.8k NOK → 24.2k NOK (-70.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation