Org.nr 929 624 483 2023 → 2024 Year-over-year analysis

8586 SUSHI & WOK AS: årsregnskap 2024 vs 2023

Grew 32% on revenue, stronger earnings, cash halved-plus

approved 2025-04-30; registry 2025-07-29; journal 2025 714586

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 8586 SUSHI & WOK AS. Revenue 6.30m NOK → 8.31m NOK (+32.0%). Net result +316.1k NOK → +644.46m NOK. Equity 365.1k NOK → 93.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 8586 SUSHI & WOK AS.

Scorecard

Revenue
6.30m NOK 8.31m NOK
+32.0%
Operating result
+400.1k NOK +828.0k NOK
+107.0%
Net result
+316.1k NOK +644.46m NOK
+203760.0%
Equity
365.1k NOK 93.5k NOK
-74.4%
Cash
625.8k NOK 22.2k NOK
-96.5%
Total assets
890.5k NOK 694.1k NOK
-22.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.30m NOK to 8.31m NOK (+32.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +400.1k NOK → +828.0k NOK (op. margin 6.4% → 10.0%). Calculated

  • ↑

    Net result improved

    Net result +316.1k NOK → +644.46m NOK (net margin 5.0% → 7754.3%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 365.1k NOK → 93.5k NOK (equity ratio 41.0% → 13.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 625.8k NOK → 22.2k NOK (-96.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.28× → 0.65× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 2.31m NOK (0% → 28% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 440.2k NOK → 4.57m NOK (+937.6% YoY). Calculated