A&F ELEKTRO AS: årsregnskap 2024 vs 2023
Grew 88% on revenue, slipped into loss, cash halved-plus
registry 2025-05-12; journal 2025 423311
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for A&F ELEKTRO AS. Revenue 525.1k NOK → 987.7k NOK (+88.1%). Net result +72.6k NOK → -369.0k NOK. Equity 241.6k NOK → -127.3k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A&F ELEKTRO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 525.1k NOK to 987.7k NOK (+88.1% YoY). Calculated
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Payroll decreased
Salary cost 2.14m NOK → 2 NOK (408% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +95.8k NOK → -370.3k NOK (op. margin 18.2% → -37.5%). Calculated
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Fell into a net loss
Net result flipped from 72.6k NOK profit to a loss of 369.0k NOK. Calculated
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↓
Equity eroded
Book equity 241.6k NOK → -127.3k NOK (equity ratio 55.7% → -83.6%). Calculated
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↓
Cash fell
Bank deposits 413.1k NOK → 152.3k NOK (-63.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.15× → 0.54× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -83.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 26.7k NOK → 18.7k NOK (-30.1% YoY). Calculated