99X TECHNOLOGY AS: årsregnskap 2024 vs 2023
A steady year on the published lines
approved 2025-06-30; registry 2025-07-07; journal 2025 635518
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 99X TECHNOLOGY AS. Revenue 139.64m NOK → 133.23m NOK (-4.6%). Net result +16.80m NOK → +15.43m NOK. Equity 42.06m NOK → 10.18m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for 99X TECHNOLOGY AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 139.64m NOK to 133.23m NOK (-4.6% YoY). Calculated
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↓
Operating result weakened
Operating result +19.09m NOK → +15.69m NOK (op. margin 13.7% → 11.8%). Calculated
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↓
Net result weakened
Net result +16.80m NOK → +15.43m NOK (net margin 12.0% → 11.6%). Calculated
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↓
Equity eroded
Book equity 42.06m NOK → 10.18m NOK (equity ratio 56.3% → 7.1%). Calculated
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↓
Cash fell
Bank deposits 1.29m NOK → 1.14m NOK (-11.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 109.96m NOK → 91.85m NOK (-16.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 737.2k NOK → 37.29m NOK. Reported fact