A FINSTAD CAD AS: årsregnskap 2024 vs 2023
Grew 9% on revenue, slipped into loss
approved 2025-05-20; registry 2025-07-28; journal 2025 709587
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for A FINSTAD CAD AS. Revenue 1.16m NOK → 1.26m NOK (+9.1%). Net result +49.6k NOK → -58.6k NOK. Equity 95.8k NOK → 37.2k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for A FINSTAD CAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.16m NOK to 1.26m NOK (+9.1% YoY). Calculated
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↑
Cash rose
Bank deposits 197.4k NOK → 345.7k NOK (+75.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +63.5k NOK → -74.8k NOK (op. margin 5.5% → -5.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 49.6k NOK profit to a loss of 58.6k NOK. Calculated
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↓
Equity eroded
Book equity 95.8k NOK → 37.2k NOK (equity ratio 18.2% → 5.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 881.8k NOK → 1.08m NOK (76% → 86% of revenue). Calculated