Org.nr 929 111 087 2023 → 2024 Year-over-year analysis

7 STARS SERVICE AS: årsregnskap 2024 vs 2023

Grew 1235% on revenue, slipped into loss

approved 2025-07-31; registry 2025-08-09; journal 2025 743844

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 7 STARS SERVICE AS. Revenue 730.7k NOK → 9.76m NOK (+1235.1%). Net result +339.7k NOK → -1.77m NOK. Equity 537.2k NOK → -1.23m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for 7 STARS SERVICE AS.

Scorecard

Revenue
730.7k NOK 9.76m NOK
+1235.1%
Operating result
+482.8k NOK -791.9k NOK
-264.0%
Net result
+339.7k NOK -1.77m NOK
-620.8%
Equity
537.2k NOK -1.23m NOK
-329.3%
Cash
378.8k NOK 251.9k NOK
-33.5%
Total assets
846.6k NOK 6.88m NOK
+712.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 730.7k NOK to 9.76m NOK (+1235.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +482.8k NOK → -791.9k NOK (op. margin 66.1% → -8.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 339.7k NOK profit to a loss of 1.77m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 537.2k NOK → -1.23m NOK (equity ratio 63.5% → -17.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 378.8k NOK → 251.9k NOK (-33.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -17.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1.46m NOK → 1.99m NOK (200% → 20% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 518.5k NOK → 26.8k NOK (-94.8% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 0. Reported fact