FirmaIQ
Org.nr 959 643 350 2023 → 2024 Year-over-year analysis

A TITLESTAD AS: årsregnskap 2024 vs 2023

Shrank 16% on revenue, weaker earnings

registry 2025-01-30; journal 2025 303807

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for A TITLESTAD AS. Revenue 5.20m NOK → 4.35m NOK (-16.4%). Net result +4.41m NOK → +157.3k NOK. Equity 1.18m NOK → 1.04m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A TITLESTAD AS.

At a glance

Scorecard

Revenue
5.20m NOK 4.35m NOK
-16.4%
Operating result
+517.3k NOK +190.0k NOK
-63.3%
Net result
+4.41m NOK +157.3k NOK
-96.4%
Equity
1.18m NOK 1.04m NOK
-12.0%
Cash
594.6k NOK 814.6k NOK
+37.0%
Total assets
2.52m NOK 2.29m NOK
-9.1%

What improved

  • ↑

    Cash rose

    Bank deposits 594.6k NOK → 814.6k NOK (+37.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.20m NOK to 4.35m NOK (-16.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +517.3k NOK → +190.0k NOK (op. margin 9.9% → 4.4%). Calculated

  • ↓

    Net result weakened

    Net result +4.41m NOK → +157.3k NOK (net margin 84.9% → 3.6%). Calculated

  • ↓

    Equity eroded

    Book equity 1.18m NOK → 1.04m NOK (equity ratio 47.0% → 45.4%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.81m NOK → 1.23m NOK (-31.8% YoY). Calculated