9900WATT AS: årsregnskap 2024 vs 2023
Shrank 14% on revenue, slipped into loss
approved 2025-05-31; registry 2025-06-03; journal 2025 507391
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 9900WATT AS. Revenue 3.01m NOK → 2.60m NOK (-13.8%). Net result +80.5k NOK → -181.7k NOK. Equity 136.0k NOK → -45.7k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 9900WATT AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 33.2k NOK → 88.9k NOK (+167.5% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.30× → 7.80×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.01m NOK to 2.60m NOK (-13.8% YoY). Calculated
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↓
Operating result weakened
Operating result +92.3k NOK → -114.7k NOK (op. margin 3.1% → -4.4%). Calculated
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Fell into a net loss
Net result flipped from 80.5k NOK profit to a loss of 181.7k NOK. Calculated
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↓
Equity eroded
Book equity 136.0k NOK → -45.7k NOK (equity ratio 48.6% → -3.2%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2.35m NOK → 3.40m NOK (78% → 131% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -3.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 1.51m NOK → 1.47m NOK (-2.5% YoY). Calculated