Org.nr 914 929 849 2023 → 2024 Year-over-year analysis

A.O. EIDE MASKINENTREPRENØR AS: årsregnskap 2024 vs 2023

Weaker earnings

approved 2025-03-25; registry 2025-04-02; journal 2025 350639

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A.O. EIDE MASKINENTREPRENØR AS. Revenue 6.91m NOK → 6.87m NOK (-0.6%). Net result +489.0k NOK → +365.1k NOK. Equity 3.64m NOK → 4.00m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A.O. EIDE MASKINENTREPRENØR AS.

Scorecard

Revenue
6.91m NOK 6.87m NOK
-0.6%
Operating result
+667.7k NOK +513.4k NOK
-23.1%
Net result
+489.0k NOK +365.1k NOK
-25.3%
Equity
3.64m NOK 4.00m NOK
+10.0%
Cash
1.99m NOK 2.13m NOK
+7.0%
Total assets
4.94m NOK 5.29m NOK
+7.1%

What improved

  • ↑

    Equity strengthened

    Book equity 3.64m NOK → 4.00m NOK (equity ratio 73.7% → 75.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.99m NOK → 2.13m NOK (+7.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.91m NOK to 6.87m NOK (-0.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +667.7k NOK → +513.4k NOK (op. margin 9.7% → 7.5%). Calculated

  • ↓

    Net result weakened

    Net result +489.0k NOK → +365.1k NOK (net margin 7.1% → 5.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.84m NOK → 2.86m NOK (41% → 42% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 591.2k NOK → 151.0k NOK (-74.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 64.0k NOK → 47.7k NOK. Reported fact