Org.nr 923 455 744 2023 → 2024 Year-over-year analysis

99X INVESTMENT AS: årsregnskap 2024 vs 2023

Weaker earnings, cash halved-plus, fresh owner capital

approved 2025-06-30; registry 2025-08-11; journal 2025 703144

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 99X INVESTMENT AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -24.03m NOK → -49.42m NOK. Equity 231.14m NOK → 344.44m NOK.

On the constructive side: operating result improved; equity strengthened; current ratio back above 1×. Pressures included: net result weakened; cash fell; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 99X INVESTMENT AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-1.53m NOK -1.23m NOK
+19.7%
Net result
-24.03m NOK -49.42m NOK
-105.7%
Equity
231.14m NOK 344.44m NOK
+49.0%
Cash
770.3k NOK 704 NOK
-99.9%
Total assets
333.16m NOK 458.17m NOK
+37.5%

What improved

  • ↑

    Operating result improved

    Operating result -1.53m NOK → -1.23m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 231.14m NOK → 344.44m NOK (equity ratio 69.4% → 75.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.02× → 5.18×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 237.45m NOK → 307.58m NOK (+70.13m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -24.03m NOK → -49.42m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 770.3k NOK → 704 NOK (-99.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 104.09m NOK → 2.13bn NOK. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 35.55m NOK → 49.07m NOK (+38.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 326.40m NOK → 2 330 NOK. Reported fact