FirmaIQ
Org.nr 976 160 622 2023 → 2024 Year-over-year analysis

A OLSEN & SØNN AS: årsregnskap 2024 vs 2023

Shrank 14% on revenue, stronger earnings

approved 2025-03-27; registry 2025-03-31; journal 2025 355745

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for A OLSEN & SØNN AS. Revenue 5.98m NOK → 5.17m NOK (-13.6%). Net result +344.0k NOK → +1.18m NOK. Equity 3.46m NOK → 4.23m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
5.98m NOK 5.17m NOK
-13.6%
Operating result
+1.88m NOK +1.61m NOK
-14.3%
Net result
+344.0k NOK +1.18m NOK
+241.8%
Equity
3.46m NOK 4.23m NOK
+22.4%
Cash
2.03m NOK 3.01m NOK
+48.3%
Total assets
6.93m NOK 9.03m NOK
+30.2%

What improved

  • ↑

    Net result improved

    Net result +344.0k NOK → +1.18m NOK (net margin 5.8% → 22.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.46m NOK → 4.23m NOK (equity ratio 49.9% → 46.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.03m NOK → 3.01m NOK (+48.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.80m NOK → 1.28m NOK (30% → 25% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.98m NOK to 5.17m NOK (-13.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.88m NOK → +1.61m NOK (op. margin 31.4% → 31.2%). Calculated