FirmaIQ
Org.nr 993 011 126 2023 → 2024 Year-over-year analysis

A. BØRRESEN EIENDOM AS: årsregnskap 2024 vs 2023

Shrank 9% on revenue, weaker earnings

approved 2025-01-31; registry 2025-04-07; journal 2025 366015

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for A. BØRRESEN EIENDOM AS. Revenue 70.5k NOK → 64.4k NOK (-8.7%). Net result -169.2k NOK → -241.0k NOK. Equity 1.07m NOK → 832.8k NOK.

On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
70.5k NOK 64.4k NOK
-8.7%
Operating result
+69.3k NOK +72.4k NOK
+4.5%
Net result
-169.2k NOK -241.0k NOK
-42.5%
Equity
1.07m NOK 832.8k NOK
-22.4%
Cash
663.4k NOK 914.8k NOK
+37.9%
Total assets
6.53m NOK 9.49m NOK
+45.4%

What improved

  • ↑

    Operating result improved

    Operating result +69.3k NOK → +72.4k NOK (op. margin 98.3% → 112.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 663.4k NOK → 914.8k NOK (+37.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 70.5k NOK to 64.4k NOK (-8.7% YoY). Calculated

  • ↓

    Net result weakened

    Net result -169.2k NOK → -241.0k NOK (net margin -239.8% → -374.0%). Calculated

  • ↓

    Equity eroded

    Book equity 1.07m NOK → 832.8k NOK (equity ratio 16.5% → 8.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation