Org.nr 917 478 309 2023 → 2024 Year-over-year analysis

A/S Østlendingen: årsregnskap 2024 vs 2023

Shrank 95% on revenue

approved 2025-05-14; registry 2025-07-12; journal 2025 660543

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A/S Østlendingen. Revenue 2.10bn NOK → 98.18m NOK (-95.3%). Net result +25.07m NOK → +28.28m NOK. Equity 112.85m NOK → 112.49m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S Østlendingen.

Scorecard

Revenue
2.10bn NOK 98.18m NOK
-95.3%
Operating result
+19.95m NOK +21.82m NOK
+9.4%
Net result
+25.07m NOK +28.28m NOK
+12.8%
Equity
112.85m NOK 112.49m NOK
-0.3%
Cash
15.9k NOK 9 940 NOK
-37.6%
Total assets
166.72m NOK 173.25m NOK
+3.9%

What improved

  • ↑

    Operating result improved

    Operating result +19.95m NOK → +21.82m NOK (op. margin 0.9% → 22.2%). Calculated

  • ↑

    Net result improved

    Net result +25.07m NOK → +28.28m NOK (net margin 1.2% → 28.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.10bn NOK to 98.18m NOK (-95.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 112.85m NOK → 112.49m NOK (equity ratio 67.7% → 64.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 15.9k NOK → 9 940 NOK (-37.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 26.87m NOK → 29.00m NOK (1% → 30% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 21.31m NOK → 21.30m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 32.27m NOK → 24.28m NOK (-24.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 10.4k NOK → 352.0k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 23.8 → 25. Reported fact