Org.nr 916 998 600 2023 → 2024 Year-over-year analysis

AB-GARAGE AS: årsregnskap 2024 vs 2023

Grew 198% on revenue

approved 2025-05-21; registry 2025-06-30; journal 2025 597959

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AB-GARAGE AS. Revenue 532.1k NOK → 1.58m NOK (+197.8%). Net result +17.9k NOK → +21.3k NOK. Equity 125.0k NOK → 128.4k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AB-GARAGE AS.

Scorecard

Revenue
532.1k NOK 1.58m NOK
+197.8%
Operating result
+23.0k NOK +27.3k NOK
+19.0%
Net result
+17.9k NOK +21.3k NOK
+19.3%
Equity
125.0k NOK 128.4k NOK
+2.8%
Cash
98.2k NOK 91.4k NOK
-6.9%
Total assets
280.2k NOK 456.6k NOK
+63.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 532.1k NOK to 1.58m NOK (+197.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +23.0k NOK → +27.3k NOK (op. margin 4.3% → 1.7%). Calculated

  • ↑

    Net result improved

    Net result +17.9k NOK → +21.3k NOK (net margin 3.4% → 1.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 125.0k NOK → 128.4k NOK (equity ratio 44.6% → 28.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -38.08× → 3.20×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 98.2k NOK → 91.4k NOK (-6.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 330.3k NOK → 1.36m NOK (+310.6% YoY). Calculated