Org.nr 925 315 893 2023 → 2024 Year-over-year analysis

A. SØRENSENS TRANSPORT AS: årsregnskap 2024 vs 2023

Grew 41% on revenue, stronger earnings

approved 2025-03-14; registry 2025-03-19; journal 2025 338042

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A. SØRENSENS TRANSPORT AS. Revenue 2.65m NOK → 3.73m NOK (+40.9%). Net result +165.6k NOK → +229.6k NOK. Equity 1.32m NOK → 1.55m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A. SØRENSENS TRANSPORT AS.

Scorecard

Revenue
2.65m NOK 3.73m NOK
+40.9%
Operating result
+215.2k NOK +430.0k NOK
+99.7%
Net result
+165.6k NOK +229.6k NOK
+38.7%
Equity
1.32m NOK 1.55m NOK
+17.4%
Cash
535.1k NOK 864.5k NOK
+61.6%
Total assets
4.58m NOK 3.29m NOK
-28.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.65m NOK to 3.73m NOK (+40.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +215.2k NOK → +430.0k NOK (op. margin 8.1% → 11.5%). Calculated

  • ↑

    Net result improved

    Net result +165.6k NOK → +229.6k NOK (net margin 6.3% → 6.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.32m NOK → 1.55m NOK (equity ratio 28.9% → 47.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 535.1k NOK → 864.5k NOK (+61.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.83m NOK → 2.97m NOK (107% → 80% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 681.2k NOK → 782.3k NOK (+14.8% YoY). Calculated