Org.nr 922 176 868 2023 → 2024 Year-over-year analysis

A: PROPERTY AS: årsregnskap 2024 vs 2023

Shrank 27% on revenue, slipped into loss, cash halved-plus

approved 2025-06-16; registry 2025-08-02; journal 2025 728822

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A: PROPERTY AS. Revenue 408.3k NOK → 299.8k NOK (-26.6%). Net result +228.2k NOK → -619.3k NOK. Equity 468 NOK → -151.3k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A: PROPERTY AS.

Scorecard

Revenue
408.3k NOK 299.8k NOK
-26.6%
Operating result
-99.1k NOK -362.0k NOK
-265.2%
Net result
+228.2k NOK -619.3k NOK
-371.4%
Equity
468 NOK -151.3k NOK
-32418.8%
Cash
155.3k NOK 8 623 NOK
-94.4%
Total assets
4.03m NOK 2.26m NOK
-43.9%

What improved

  • ↑

    Payroll decreased

    Salary cost 35.3k NOK → 1 019 NOK (9% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 408.3k NOK to 299.8k NOK (-26.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -99.1k NOK → -362.0k NOK (op. margin -24.3% → -120.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 228.2k NOK profit to a loss of 619.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 468 NOK → -151.3k NOK (equity ratio 0.0% → -6.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 155.3k NOK → 8 623 NOK (-94.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -6.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.27m NOK → -327.3k NOK. Reported fact