Org.nr 984 259 360 2023 → 2024 Year-over-year analysis

ABC ELEKTRO TEAM AS: årsregnskap 2024 vs 2023

Shrank 17% on revenue, slipped into loss, cash halved-plus

approved 2025-07-12; registry 2025-07-21; journal 2025 677430

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABC ELEKTRO TEAM AS. Revenue 26.33m NOK → 21.98m NOK (-16.5%). Net result +512.5k NOK → -403.3k NOK. Equity 1.50m NOK → 1.10m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ABC ELEKTRO TEAM AS.

Scorecard

Revenue
26.33m NOK 21.98m NOK
-16.5%
Operating result
+1.59m NOK +557.6k NOK
-65.0%
Net result
+512.5k NOK -403.3k NOK
-178.7%
Equity
1.50m NOK 1.10m NOK
-26.8%
Cash
2.03m NOK 789.3k NOK
-61.2%
Total assets
8.50m NOK 11.08m NOK
+30.2%

What improved

  • ↑

    Payroll decreased

    Salary cost 10.99m NOK → 10.27m NOK (42% → 47% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 26.33m NOK to 21.98m NOK (-16.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.59m NOK → +557.6k NOK (op. margin 6.0% → 2.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 512.5k NOK profit to a loss of 403.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.50m NOK → 1.10m NOK (equity ratio 17.7% → 9.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.03m NOK → 789.3k NOK (-61.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.03m NOK → 789.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 9.14m NOK → 6.06m NOK (-33.7% YoY). Calculated