Org.nr 918 572 805 2023 → 2024 Year-over-year analysis

70-30 HOLDING AS: årsregnskap 2024 vs 2023

Shrank 31% on revenue, stronger earnings, cash halved-plus

approved 2025-12-10; registry 2025-12-30; journal 2025 765568

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 70-30 HOLDING AS. Revenue 5.06m NOK → 3.48m NOK (-31.2%). Net result +1.84m NOK → +2.49m NOK. Equity 6.76m NOK → 7.90m 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 70-30 HOLDING AS.

Scorecard

Revenue
5.06m NOK 3.48m NOK
-31.2%
Operating result
+2.27m NOK +705.6k NOK
-69.0%
Net result
+1.84m NOK +2.49m NOK
+35.2%
Equity
6.76m NOK 7.90m NOK
+16.9%
Cash
666.2k NOK 273.2k NOK
-59.0%
Total assets
11.22m NOK 13.88m NOK
+23.7%

What improved

  • ↑

    Net result improved

    Net result +1.84m NOK → +2.49m NOK (net margin 36.4% → 71.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.76m NOK → 7.90m NOK (equity ratio 60.2% → 56.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.45m NOK → 2 NOK (48% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.06m NOK to 3.48m NOK (-31.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.27m NOK → +705.6k NOK (op. margin 44.9% → 20.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 666.2k NOK → 273.2k NOK (-59.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 573.5k NOK → 363.0k NOK (-36.7% YoY). Calculated