Org.nr 928 653 153 2023 → 2024 Year-over-year analysis

AB-MOTOR HOLDING AS: årsregnskap 2024 vs 2023

Another loss-making year

approved 2025-02-25; registry 2025-06-23; journal 2025 552386

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AB-MOTOR HOLDING AS. Net result -22.8k NOK → -27.3k NOK. Equity 9 642 NOK → -17.7k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AB-MOTOR HOLDING AS.

Scorecard

Operating result
-22.8k NOK -27.3k NOK
-19.9%
Net result
-22.8k NOK -27.3k NOK
-19.9%
Equity
9 642 NOK -17.7k NOK
-283.2%
Cash
73.5k NOK 46.2k NOK
-37.1%
Total assets
3.10m NOK 3.08m NOK
-0.9%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -22.8k NOK → -27.3k NOK. Calculated

  • ↓

    Net result weakened

    Net result -22.8k NOK → -27.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 9 642 NOK → -17.7k NOK (equity ratio 0.3% → -0.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 73.5k NOK → 46.2k NOK (-37.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 23.78× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation