Org.nr 983 102 603 2023 → 2024 Year-over-year analysis

929 PRODUKSJON AS: årsregnskap 2024 vs 2023

Shrank 27% on revenue, stronger earnings

approved 2025-05-28; registry 2025-06-18; journal 2025 549672

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 929 PRODUKSJON AS. Revenue 4.34m NOK → 3.15m NOK (-27.3%). Net result +1.33m NOK → +3.12m NOK. Equity 3.90m NOK → 4.02m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 929 PRODUKSJON AS.

Scorecard

Revenue
4.34m NOK 3.15m NOK
-27.3%
Operating result
+647.2k NOK +58.6k NOK
-90.9%
Net result
+1.33m NOK +3.12m NOK
+134.0%
Equity
3.90m NOK 4.02m NOK
+3.0%
Cash
3.48m NOK 3.58m NOK
+2.7%
Total assets
5.82m NOK 5.05m NOK
-13.2%

What improved

  • ↑

    Net result improved

    Net result +1.33m NOK → +3.12m NOK (net margin 30.7% → 98.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.90m NOK → 4.02m NOK (equity ratio 67.0% → 79.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.48m NOK → 3.58m NOK (+2.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.34m NOK to 3.15m NOK (-27.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +647.2k NOK → +58.6k NOK (op. margin 14.9% → 1.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.08m NOK → 2.44m NOK (48% → 77% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 31.7k NOK → 7 855 NOK (-75.2% YoY). Calculated