Org.nr 924 462 698 2023 → 2024 Year-over-year analysis

A&B ANDREASSEN AS: årsregnskap 2024 vs 2023

Shrank 67% on revenue, slipped into loss, cash halved-plus

approved 2025-06-19; registry 2025-06-28; journal 2025 588220

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A&B ANDREASSEN AS. Revenue 357.3k NOK → 117.6k NOK (-67.1%). Net result +3 326 NOK → -139.9k NOK. Equity 183.4k NOK → 43.5k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A&B ANDREASSEN AS.

Scorecard

Revenue
357.3k NOK 117.6k NOK
-67.1%
Operating result
+15.3k NOK -162.8k NOK
-1163.5%
Net result
+3 326 NOK -139.9k NOK
-4305.7%
Equity
183.4k NOK 43.5k NOK
-76.3%
Cash
20.0k NOK 8 950 NOK
-55.3%
Total assets
876.4k NOK 471.2k NOK
-46.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 357.3k NOK to 117.6k NOK (-67.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +15.3k NOK → -162.8k NOK (op. margin 4.3% → -138.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 3 326 NOK profit to a loss of 139.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 183.4k NOK → 43.5k NOK (equity ratio 20.9% → 9.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 20.0k NOK → 8 950 NOK (-55.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation