Org.nr 929 270 118 2023 → 2024 Year-over-year analysis

71 NORD AS: årsregnskap 2024 vs 2023

Weaker earnings, cash halved-plus

approved 2025-04-22; registry 2025-06-04; journal 2025 515112

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 71 NORD AS. Revenue 0 NOK → 143.2k NOK. Net result -158.0k NOK → -2.05m NOK. Equity 343.5k NOK → -1.71m NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 71 NORD AS.

Scorecard

Revenue
0 NOK 143.2k NOK
—
Operating result
-205.7k NOK -2.02m NOK
-879.9%
Net result
-158.0k NOK -2.05m NOK
-1198.4%
Equity
343.5k NOK -1.71m NOK
-597.3%
Cash
515.7k NOK 110.8k NOK
-78.5%
Total assets
5.22m NOK 7.81m NOK
+49.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 143.2k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -205.7k NOK → -2.02m NOK. Calculated

  • ↓

    Net result weakened

    Net result -158.0k NOK → -2.05m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 343.5k NOK → -1.71m NOK (equity ratio 6.6% → -21.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 515.7k NOK → 110.8k NOK (-78.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -21.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 423.0k NOK (None YoY). Calculated