Org.nr 922 105 243 2023 → 2024 Year-over-year analysis

ABOVEIT AS: årsregnskap 2024 vs 2023

Grew 7% on revenue, weaker earnings, fresh owner capital

approved 2025-05-27; registry 2025-07-01; journal 2025 605720

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABOVEIT AS. Revenue 156.14m NOK → 167.81m NOK (+7.5%). Net result +14.93m NOK → +1.44m NOK. Equity 20.05m NOK → 21.49m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
156.14m NOK 167.81m NOK
+7.5%
Operating result
+7.24m NOK +846.7k NOK
-88.3%
Net result
+14.93m NOK +1.44m NOK
-90.3%
Equity
20.05m NOK 21.49m NOK
+7.2%
Cash
14.00m NOK 12.94m NOK
-7.5%
Total assets
62.21m NOK 53.05m NOK
-14.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 156.14m NOK to 167.81m NOK (+7.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 20.05m NOK → 21.49m NOK (equity ratio 32.2% → 40.5%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 730 NOK → 730.0k NOK (+729.3k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 2.13bn NOK → 2 148 NOK (1366% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +7.24m NOK → +846.7k NOK (op. margin 4.6% → 0.5%). Calculated

  • ↓

    Net result weakened

    Net result +14.93m NOK → +1.44m NOK (net margin 9.6% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 14.00m NOK → 12.94m NOK (-7.5% YoY). Calculated