Org.nr 917 367 728 2023 → 2024 Year-over-year analysis

A.K. SNEKRING AS: årsregnskap 2024 vs 2023

Shrank 48% on revenue, slipped into loss

approved 2025-06-19; registry 2025-06-21; journal 2025 559484

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A.K. SNEKRING AS. Revenue 2.54m NOK → 1.32m NOK (-48.1%). Net result +197.6k NOK → -65.1k NOK. Equity 379.1k NOK → 314.0k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.K. SNEKRING AS.

Scorecard

Revenue
2.54m NOK 1.32m NOK
-48.1%
Operating result
+198.1k NOK -65.1k NOK
-132.9%
Net result
+197.6k NOK -65.1k NOK
-133.0%
Equity
379.1k NOK 314.0k NOK
-17.2%
Cash
151.8k NOK 389.0k NOK
+156.2%
Total assets
401.7k NOK 415.0k NOK
+3.3%

What improved

  • ↑

    Cash rose

    Bank deposits 151.8k NOK → 389.0k NOK (+156.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.54m NOK to 1.32m NOK (-48.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +198.1k NOK → -65.1k NOK (op. margin 7.8% → -4.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 197.6k NOK profit to a loss of 65.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 379.1k NOK → 314.0k NOK (equity ratio 94.4% → 75.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.27m NOK → 2.51m NOK (89% → 191% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 591.4k NOK → 441.3k NOK (-25.4% YoY). Calculated