A. TANGEN AS: årsregnskap 2024 vs 2023
Shrank 20% on revenue, stronger earnings
approved 2025-07-09; registry 2025-07-15; journal 2025 668767
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for A. TANGEN AS. Revenue 8.33m NOK → 6.64m NOK (-20.3%). Net result +1.49m NOK → +4.86m NOK. Equity 4.50m NOK → 5.36m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A. TANGEN AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +1.49m NOK → +4.86m NOK (net margin 17.9% → 73.2%). Calculated
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Equity strengthened
Book equity 4.50m NOK → 5.36m NOK (equity ratio 62.4% → 69.9%). Calculated
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Cash rose
Bank deposits 4.14m NOK → 4.45m NOK (+7.5% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 8.33m NOK to 6.64m NOK (-20.3% YoY). Calculated
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Operating result weakened
Operating result +1.94m NOK → +1.03m NOK (op. margin 23.3% → 15.6%). Calculated
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Payroll up without matching revenue
Salary cost 1.47m NOK → 1.94m NOK (18% → 29% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 1.95m NOK → 1.76m NOK (-9.7% YoY). Calculated
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Book investments changed
Investment / intangible book value 585.3k NOK → 833.3k NOK. Reported fact