Org.nr 994 258 281 2023 → 2024 Year-over-year analysis

A. MIDTBØEN ELEKTRO AS: årsregnskap 2024 vs 2023

Grew 27% on revenue, stronger earnings

approved 2025-04-24; registry 2025-05-19; journal 2025 412686

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A. MIDTBØEN ELEKTRO AS. Revenue 3.86m NOK → 4.89m NOK (+26.6%). Net result +282.6k NOK → +372.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A. MIDTBØEN ELEKTRO AS.

Scorecard

Revenue
3.86m NOK 4.89m NOK
+26.6%
Operating result
+351.3k NOK +467.2k NOK
+33.0%
Net result
+282.6k NOK +372.9k NOK
+31.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.86m NOK to 4.89m NOK (+26.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +351.3k NOK → +467.2k NOK (op. margin 9.1% → 9.6%). Calculated

  • ↑

    Net result improved

    Net result +282.6k NOK → +372.9k NOK (net margin 7.3% → 7.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.70m NOK → 1.58m NOK (44% → 32% of revenue). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.26m NOK → 2.29m NOK (+81.7% YoY). Calculated