Org.nr 925 331 015 2023 → 2024 Year-over-year analysis

8 RENOVERING AS: årsregnskap 2024 vs 2023

Slipped into loss

approved 2025-01-20; registry 2025-01-30; journal 2025 303906

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 8 RENOVERING AS. Revenue 799.3k NOK → 830.7k NOK (+3.9%). Net result +31.0k NOK → -116 NOK. Equity -88.1k NOK → -88.2k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; current ratio dropped below 1×.

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

Scorecard

Revenue
799.3k NOK 830.7k NOK
+3.9%
Operating result
+31.1k NOK -16 NOK
-100.1%
Net result
+31.0k NOK -116 NOK
-100.4%
Equity
-88.1k NOK -88.2k NOK
-0.1%
Cash
6 101 NOK 24.3k NOK
+298.2%
Total assets
38.5k NOK 26.0k NOK
-32.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 799.3k NOK to 830.7k NOK (+3.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 6 101 NOK → 24.3k NOK (+298.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +31.1k NOK → -16 NOK (op. margin 3.9% → -0.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 31.0k NOK profit to a loss of 116 NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.65× → 0.37× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -339.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 308.9k NOK → 386.0k NOK (39% → 46% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 374.9k NOK → 362.8k NOK (-3.2% YoY). Calculated