Org.nr 947 038 400 2023 → 2024 Year-over-year analysis

A/S SørMek: årsregnskap 2024 vs 2023

Shrank 40% on revenue, weaker earnings

approved 2025-05-12; registry 2025-08-04; journal 2025 737784

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A/S SørMek. Revenue 74.38m NOK → 44.99m NOK (-39.5%). Net result +6.69m NOK → +1.48m NOK. Equity 10.20m NOK → 7.22m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S SørMek.

Scorecard

Revenue
74.38m NOK 44.99m NOK
-39.5%
Operating result
+8.50m NOK +1.64m NOK
-80.7%
Net result
+6.69m NOK +1.48m NOK
-77.9%
Equity
10.20m NOK 7.22m NOK
-29.2%
Cash
11.49m NOK 8.76m NOK
-23.8%
Total assets
24.51m NOK 17.94m NOK
-26.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 74.38m NOK to 44.99m NOK (-39.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +8.50m NOK → +1.64m NOK (op. margin 11.4% → 3.6%). Calculated

  • ↓

    Net result weakened

    Net result +6.69m NOK → +1.48m NOK (net margin 9.0% → 3.3%). Calculated

  • ↓

    Equity eroded

    Book equity 10.20m NOK → 7.22m NOK (equity ratio 41.6% → 40.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 11.49m NOK → 8.76m NOK (-23.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 3 400 NOK. Reported fact