A. G. MJØEN AS: årsregnskap 2024 vs 2023
Weaker earnings, cash halved-plus
approved 2025-06-23; registry 2025-06-25; journal 2025 573648
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for A. G. MJØEN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +4.75m NOK → +1.64m NOK. Equity 11.74m NOK → 11.11m NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A. G. MJØEN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -79.3k NOK → -79.1k NOK. Calculated
What deteriorated
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↓
Net result weakened
Net result +4.75m NOK → +1.64m NOK. Calculated
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↓
Equity eroded
Book equity 11.74m NOK → 11.11m NOK (equity ratio 99.4% → 99.2%). Calculated
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↓
Cash fell
Bank deposits 5.59m NOK → 1.32m NOK (-76.3% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (5.59m NOK → 1.32m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation