Org.nr 922 069 557 2023 → 2024 Year-over-year analysis

A TEAM AS: årsregnskap 2024 vs 2023

Grew 36% on revenue, stronger earnings, cash halved-plus

approved 2025-02-21; registry 2025-07-01; journal 2025 604573

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A TEAM AS. Revenue 11.39m NOK → 15.45m NOK (+35.7%). Net result -963.8k NOK → -17.2k NOK. Equity 35.0k NOK → 17.8k NOK.

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

Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for A TEAM AS.

Scorecard

Revenue
11.39m NOK 15.45m NOK
+35.7%
Operating result
-883.9k NOK +170.5k NOK
+119.3%
Net result
-963.8k NOK -17.2k NOK
+98.2%
Equity
35.0k NOK 17.8k NOK
-49.0%
Cash
858.2k NOK 302.5k NOK
-64.7%
Total assets
3.82m NOK 4.04m NOK
+5.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.39m NOK to 15.45m NOK (+35.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -883.9k NOK → +170.5k NOK (op. margin -7.8% → 1.1%). Calculated

  • ↑

    Net result improved

    Net result -963.8k NOK → -17.2k NOK (net margin -8.5% → -0.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.99× → 1.14×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 35.0k NOK → 17.8k NOK (equity ratio 0.9% → 0.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 858.2k NOK → 302.5k NOK (-64.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 2.91m NOK → 6.37m NOK (+118.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 28.0k NOK → 85.8k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 8 → 6.82. Reported fact