Org.nr 998 246 202 2023 → 2024 Year-over-year analysis

A-B BYGG OG MALERTJENESTE AS: årsregnskap 2024 vs 2023

Shrank 51% on revenue, returned to profit, cash halved-plus

approved 2025-05-31; registry 2025-08-02; journal 2025 726834

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A-B BYGG OG MALERTJENESTE AS. Revenue 6.50m NOK → 3.18m NOK (-51.2%). Net result -1.11m NOK → +202.5k NOK. Equity -623.9k NOK → -421.4k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for A-B BYGG OG MALERTJENESTE AS.

Scorecard

Revenue
6.50m NOK 3.18m NOK
-51.2%
Operating result
-1.07m NOK +309.1k NOK
+128.9%
Net result
-1.11m NOK +202.5k NOK
+118.2%
Equity
-623.9k NOK -421.4k NOK
+32.5%
Cash
204.3k NOK 51.6k NOK
-74.7%
Total assets
1.00m NOK 520.7k NOK
-48.1%

What improved

  • ↑

    Operating result improved

    Operating result -1.07m NOK → +309.1k NOK (op. margin -16.5% → 9.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.11m NOK to a profit of 202.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -623.9k NOK → -421.4k NOK (equity ratio -62.1% → -80.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.50m NOK to 3.18m NOK (-51.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 204.3k NOK → 51.6k NOK (-74.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -80.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 2.66m NOK → 1.03m NOK (-61.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 89.6k NOK → 30.1k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 6 → 3. Reported fact