ABB ELECTRIFICATION NORWAY AS: årsregnskap 2024 vs 2023
Grew 12% on revenue, weaker earnings
approved 2025-03-13; registry 2025-04-26; journal 2025 371284
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ABB ELECTRIFICATION NORWAY AS. Revenue 3.62bn NOK → 4.07bn NOK (+12.3%). Net result +111.81m NOK → +259.4k NOK. Equity 13.22m NOK → 13.22m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABB ELECTRIFICATION NORWAY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.62bn NOK to 4.07bn NOK (+12.3% YoY). Calculated
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↑
Equity strengthened
Book equity 13.22m NOK → 13.22m NOK (equity ratio 0.9% → 0.7%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +220.81m NOK → +407.0k NOK (op. margin 6.1% → 0.0%). Calculated
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↓
Net result weakened
Net result +111.81m NOK → +259.4k NOK (net margin 3.1% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 5.78m NOK → 5.79m NOK (0% → 0% of revenue). Calculated
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COGS moved
COGS / varekostnad 2.15bn NOK → 2.35bn NOK (+9.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 67.48m NOK → 78.44m NOK. Reported fact