Org.nr 928 991 628 2023 → 2024 Year-over-year analysis

7 STEEL NORDIC INVESTMENT ÅLESUND AS: årsregnskap 2024 vs 2023

Grew 10% on revenue, weaker earnings, fresh owner capital

approved 2025-06-30; registry 2025-07-12; journal 2025 660335

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 7 STEEL NORDIC INVESTMENT ÅLESUND AS. Revenue 2.30m NOK → 2.53m NOK (+10.0%). Net result -232.2k NOK → -400.9k NOK. Equity 216.0k NOK → 315.1k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
2.30m NOK 2.53m NOK
+10.0%
Operating result
+238.6k NOK +1.11m NOK
+365.8%
Net result
-232.2k NOK -400.9k NOK
-72.6%
Equity
216.0k NOK 315.1k NOK
+45.9%
Cash
81.9k NOK 698.6k NOK
+752.5%
Total assets
23.30m NOK 24.20m NOK
+3.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.30m NOK to 2.53m NOK (+10.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +238.6k NOK → +1.11m NOK (op. margin 10.4% → 43.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 216.0k NOK → 315.1k NOK (equity ratio 0.9% → 1.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 81.9k NOK → 698.6k NOK (+752.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.50× → 3.04×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -232.2k NOK → -400.9k NOK (net margin -10.1% → -15.8%). Calculated