Org.nr 933 813 827 2023 → 2024 Year-over-year analysis

A/S Magnus Bergsgate 6: årsregnskap 2024 vs 2023

Grew 329% on revenue, weaker earnings

approved 2025-05-19; registry 2025-06-12; journal 2025 504810

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A/S Magnus Bergsgate 6. Revenue 275.8k NOK → 1.18m NOK (+329.4%). Net result -224.0k NOK → -281.2k NOK. Equity -1.15m NOK → -1.43m NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Magnus Bergsgate 6.

Scorecard

Revenue
275.8k NOK 1.18m NOK
+329.4%
Operating result
-145.5k NOK -187.7k NOK
-29.0%
Net result
-224.0k NOK -281.2k NOK
-25.5%
Equity
-1.15m NOK -1.43m NOK
-24.3%
Cash
249.7k NOK 249.7k NOK
0.0%
Total assets
619.4k NOK 388.3k NOK
-37.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 275.8k NOK to 1.18m NOK (+329.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -145.5k NOK → -187.7k NOK (op. margin -52.7% → -15.9%). Calculated

  • ↓

    Net result weakened

    Net result -224.0k NOK → -281.2k NOK (net margin -81.2% → -23.8%). Calculated

  • ↓

    Equity eroded

    Book equity -1.15m NOK → -1.43m NOK (equity ratio -186.4% → -369.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4.47× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -369.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation