A SVALAND HOLDING AS: årsregnskap 2024 vs 2023
Shrank 8% on revenue, weaker earnings, cash halved-plus
approved 2025-06-23; registry 2025-06-25; journal 2025 571746
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for A SVALAND HOLDING AS. Revenue 600.0k NOK → 550.0k NOK (-8.3%). Net result -13.0k NOK → -44.8k NOK. Equity -2 515 NOK → -47.4k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A SVALAND HOLDING AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.58m NOK → 546.2k NOK (264% → 99% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 600.0k NOK to 550.0k NOK (-8.3% YoY). Calculated
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↓
Operating result weakened
Operating result -12.7k NOK → -44.9k NOK (op. margin -2.1% → -8.2%). Calculated
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↓
Net result weakened
Net result -13.0k NOK → -44.8k NOK (net margin -2.2% → -8.2%). Calculated
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↓
Equity eroded
Book equity -2 515 NOK → -47.4k NOK (equity ratio -1.7% → -99.5%). Calculated
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↓
Cash fell
Bank deposits 81.3k NOK → 5 237 NOK (-93.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -99.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation