Org.nr 982 428 645 2023 → 2024 Year-over-year analysis

AB SNEKKERN AS: årsregnskap 2024 vs 2023

Grew 25% on revenue, returned to profit

approved 2025-06-29; registry 2025-07-01; journal 2025 605230

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AB SNEKKERN AS. Revenue 1.53m NOK → 1.90m NOK (+24.7%). Net result -98.8k NOK → +1 390 NOK. Equity 114.3k NOK → 115.7k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AB SNEKKERN AS.

Scorecard

Revenue
1.53m NOK 1.90m NOK
+24.7%
Operating result
-89.8k NOK +8 992 NOK
+110.0%
Net result
-98.8k NOK +1 390 NOK
+101.4%
Equity
114.3k NOK 115.7k NOK
+1.2%
Cash
206.1k NOK 129.5k NOK
-37.2%
Total assets
399.6k NOK 395.6k NOK
-1.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.53m NOK to 1.90m NOK (+24.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -89.8k NOK → +8 992 NOK (op. margin -5.9% → 0.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 98.8k NOK to a profit of 1 390 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 114.3k NOK → 115.7k NOK (equity ratio 28.6% → 29.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.84× → 1.02×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 206.1k NOK → 129.5k NOK (-37.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 837.9k NOK → 1.03m NOK (55% → 54% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 385.0k NOK → 452.6k NOK (+17.6% YoY). Calculated