Org.nr 922 361 754 2023 → 2024 Year-over-year analysis

8 FISH SUSHI AS: årsregnskap 2024 vs 2023

Shrank 7% on revenue, stronger earnings

approved 2025-05-15; registry 2025-05-26; journal 2025 466865

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 8 FISH SUSHI AS. Revenue 4.23m NOK → 3.93m NOK (-7.1%). Net result -534.8k NOK → -175.2k NOK. Equity -1.03m NOK → -1.21m NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 8 FISH SUSHI AS.

Scorecard

Revenue
4.23m NOK 3.93m NOK
-7.1%
Operating result
-542.5k NOK -173.9k NOK
+67.9%
Net result
-534.8k NOK -175.2k NOK
+67.2%
Equity
-1.03m NOK -1.21m NOK
-16.9%
Cash
130.4k NOK 149.5k NOK
+14.7%
Total assets
1.10m NOK 887.8k NOK
-19.0%

What improved

  • ↑

    Operating result improved

    Operating result -542.5k NOK → -173.9k NOK (op. margin -12.8% → -4.4%). Calculated

  • ↑

    Net result improved

    Net result -534.8k NOK → -175.2k NOK (net margin -12.6% → -4.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 130.4k NOK → 149.5k NOK (+14.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.13m NOK → 1.68m NOK (50% → 43% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.23m NOK to 3.93m NOK (-7.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -1.03m NOK → -1.21m NOK (equity ratio -94.4% → -136.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -136.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.61m NOK → 1.23m NOK (-23.9% YoY). Calculated