Org.nr 926 402 781 2023 → 2024 Year-over-year analysis

74 PROSJEKT 1 AS: årsregnskap 2024 vs 2023

Shrank 94% on revenue, returned to profit, cash halved-plus

approved 2025-06-30; registry 2025-08-04; journal 2025 741099

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 74 PROSJEKT 1 AS. Revenue 2.58m NOK → 154.9k NOK (-94.0%). Net result -79.8k NOK → +46.3k NOK. Equity -52.1k NOK → -5 867 NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 74 PROSJEKT 1 AS.

Scorecard

Revenue
2.58m NOK 154.9k NOK
-94.0%
Operating result
-103.0k NOK +69.2k NOK
+167.2%
Net result
-79.8k NOK +46.3k NOK
+158.0%
Equity
-52.1k NOK -5 867 NOK
+88.7%
Cash
93.4k NOK 8 533 NOK
-90.9%
Total assets
3.75m NOK 12.1k NOK
-99.7%

What improved

  • ↑

    Operating result improved

    Operating result -103.0k NOK → +69.2k NOK (op. margin -4.0% → 44.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 79.8k NOK to a profit of 46.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -52.1k NOK → -5 867 NOK (equity ratio -1.4% → -48.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.58m NOK to 154.9k NOK (-94.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 93.4k NOK → 8 533 NOK (-90.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -48.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 2.65m NOK → 2 649 NOK (-99.9% YoY). Calculated