FirmaIQ
Org.nr 990 022 151 2023 → 2024 Year-over-year analysis

AB SERVICE AS: årsregnskap 2024 vs 2023

Shrank 5% on revenue, stronger earnings

approved 2025-03-11; registry 2025-03-20; journal 2025 339626

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for AB SERVICE AS. Revenue 2.70m NOK → 2.56m NOK (-5.2%). Net result -261.6k NOK → -193.2k NOK. Equity 7.35m NOK → 7.15m NOK.

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

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

At a glance

Scorecard

Revenue
2.70m NOK 2.56m NOK
-5.2%
Operating result
-342.6k NOK -254.2k NOK
+25.8%
Net result
-261.6k NOK -193.2k NOK
+26.2%
Equity
7.35m NOK 7.15m NOK
-2.6%
Cash
2.04m NOK 2.38m NOK
+16.9%
Total assets
7.77m NOK 7.55m NOK
-2.8%

What improved

  • ↑

    Operating result improved

    Operating result -342.6k NOK → -254.2k NOK (op. margin -12.7% → -9.9%). Calculated

  • ↑

    Net result improved

    Net result -261.6k NOK → -193.2k NOK (net margin -9.7% → -7.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.04m NOK → 2.38m NOK (+16.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.70m NOK to 2.56m NOK (-5.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 7.35m NOK → 7.15m NOK (equity ratio 94.6% → 94.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 413.5k NOK → 373.8k NOK (-9.6% YoY). Calculated