A/S Even Cudrio: årsregnskap 2024 vs 2023
Shrank 6% on revenue
approved 2025-09-04; registry 2025-09-08; journal 2025 754164
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for A/S Even Cudrio. Revenue 18.73m NOK → 17.62m NOK (-5.9%). Net result -2.23m NOK → -2.30m NOK. Equity 1.93m NOK → -373.3k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A/S Even Cudrio.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -2.77m NOK → -1.40m NOK (op. margin -14.8% → -8.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 18.73m NOK to 17.62m NOK (-5.9% YoY). Calculated
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↓
Equity eroded
Book equity 1.93m NOK → -373.3k NOK (equity ratio 15.0% → -4.9%). Calculated
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↓
Cash fell
Bank deposits 361.9k NOK → 307.9k NOK (-14.9% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 8.64m NOK → 8.90m NOK (46% → 50% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -4.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 8.32m NOK → 7.01m NOK (-15.7% YoY). Calculated