Org.nr 929 538 137 2023 → 2024 Year-over-year analysis

A-SG AS: årsregnskap 2024 vs 2023

Cash halved-plus

approved 2025-07-09; registry 2025-07-14; journal 2025 673919

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A-SG AS. Revenue 405.9k NOK → 394.0k NOK (-2.9%). Net result -1.15m NOK → -1.22m NOK. Equity -1.74m NOK → -2.96m NOK.

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

Also worth watching: thin equity buffer; sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A-SG AS.

Scorecard

Revenue
405.9k NOK 394.0k NOK
-2.9%
Operating result
-825.2k NOK -747.8k NOK
+9.4%
Net result
-1.15m NOK -1.22m NOK
-5.9%
Equity
-1.74m NOK -2.96m NOK
-69.9%
Cash
1.23m NOK 32.6k NOK
-97.3%
Total assets
9.69m NOK 8.58m NOK
-11.5%

What improved

  • ↑

    Operating result improved

    Operating result -825.2k NOK → -747.8k NOK (op. margin -203.3% → -189.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 405.9k NOK to 394.0k NOK (-2.9% YoY). Calculated

  • ↓

    Net result weakened

    Net result -1.15m NOK → -1.22m NOK (net margin -283.0% → -308.8%). Calculated

  • ↓

    Equity eroded

    Book equity -1.74m NOK → -2.96m NOK (equity ratio -18.0% → -34.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.23m NOK → 32.6k NOK (-97.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -34.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.23m NOK → 32.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 255.3k NOK → 341.1k NOK. Reported fact