FirmaIQ
Org.nr 980 864 820 2023 → 2024 Year-over-year analysis

70 NORDVEKST AS: årsregnskap 2024 vs 2023

Grew 8% on revenue, stronger earnings

approved 2025-05-23; registry 2025-07-01; journal 2025 598071

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for 70 NORDVEKST AS. Revenue 10.44m NOK → 11.27m NOK (+7.9%). Net result +218.9k NOK → +454.2k NOK. Equity 3.80m NOK → 5.26m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 70 NORDVEKST AS.

At a glance

Scorecard

Revenue
10.44m NOK 11.27m NOK
+7.9%
Operating result
+314.9k NOK +530.2k NOK
+68.3%
Net result
+218.9k NOK +454.2k NOK
+107.5%
Equity
3.80m NOK 5.26m NOK
+38.3%
Cash
4.49m NOK 4.77m NOK
+6.4%
Total assets
11.90m NOK 13.25m NOK
+11.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.44m NOK to 11.27m NOK (+7.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +314.9k NOK → +530.2k NOK (op. margin 3.0% → 4.7%). Calculated

  • ↑

    Net result improved

    Net result +218.9k NOK → +454.2k NOK (net margin 2.1% → 4.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.80m NOK → 5.26m NOK (equity ratio 31.9% → 39.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.49m NOK → 4.77m NOK (+6.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 737.5k NOK → 593.7k NOK (-19.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 19.2k NOK → 0 NOK. Reported fact