Org.nr 833 420 542 2023 → 2024 Year-over-year analysis

A/S Hovinveien 7 og 9: årsregnskap 2024 vs 2023

Grew 23% on revenue, returned to profit

approved 2025-05-19; registry 2025-08-20; journal 2025 749527

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A/S Hovinveien 7 og 9. Revenue 2.06m NOK → 2.53m NOK (+22.7%). Net result -213.8k NOK → +590.1k NOK. Equity -1.09m NOK → -494.9k NOK.

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

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for A/S Hovinveien 7 og 9.

Scorecard

Revenue
2.06m NOK 2.53m NOK
+22.7%
Operating result
-35.1k NOK +783.9k NOK
+2330.7%
Net result
-213.8k NOK +590.1k NOK
+376.0%
Equity
-1.09m NOK -494.9k NOK
+54.4%
Cash
47.0k NOK 150.1k NOK
+219.4%
Total assets
2.76m NOK 2.82m NOK
+2.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.06m NOK to 2.53m NOK (+22.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -35.1k NOK → +783.9k NOK (op. margin -1.7% → 31.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 213.8k NOK to a profit of 590.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -1.09m NOK → -494.9k NOK (equity ratio -39.3% → -17.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 47.0k NOK → 150.1k NOK (+219.4% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.25m NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation