99X SOLUTIONS AS: årsregnskap 2024 vs 2023
Grew 5% on revenue, cash halved-plus
approved 2025-06-30; registry 2025-07-07; journal 2025 635488
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 99X SOLUTIONS AS. Revenue 54.60m NOK → 57.48m NOK (+5.3%). Net result +4.92m NOK → +5.57m NOK. Equity 20.74m NOK → 10.79m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs fell. All figures are taken from the published annual accounts for 99X SOLUTIONS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 54.60m NOK to 57.48m NOK (+5.3% YoY). Calculated
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↑
Operating result improved
Operating result +6.23m NOK → +6.93m NOK (op. margin 11.4% → 12.1%). Calculated
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↑
Net result improved
Net result +4.92m NOK → +5.57m NOK (net margin 9.0% → 9.7%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 20.74m NOK → 10.79m NOK (equity ratio 65.1% → 38.3%). Calculated
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↓
Cash fell
Bank deposits 8.17m NOK → 2.86m NOK (-64.9% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (8.17m NOK → 2.86m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 18.34m NOK → 18.61m NOK (34% → 32% of revenue). Calculated
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COGS fell
COGS / varekostnad 18.60m NOK → 16.50m NOK (-11.3% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 14 → 14.6. Reported fact