A/S Norske Shell: årsregnskap 2024 vs 2023
Shrank 33% on revenue
approved 2025-04-23; registry 2025-05-24; journal 2025 421654
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for A/S Norske Shell. Revenue 38.84bn NOK → 26.01bn NOK (-33.0%). Net result +4.94bn NOK → +5.43bn NOK. Equity 1.15bn NOK → 1.16bn NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A/S Norske Shell.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +4.94bn NOK → +5.43bn NOK (net margin 12.7% → 20.9%). Calculated
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↑
Equity strengthened
Book equity 1.15bn NOK → 1.16bn NOK (equity ratio 3.9% → 3.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 38.84bn NOK to 26.01bn NOK (-33.0% YoY). Calculated
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↓
Operating result weakened
Operating result +23.25bn NOK → +20.65bn NOK (op. margin 59.9% → 79.4%). Calculated
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↓
Cash fell
Bank deposits 189.00m NOK → 120.00m NOK (-36.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 1.77bn NOK → 1.34bn NOK. Reported fact