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Org.nr 914 944 961 2023 → 2024 Year-over-year analysis

ABRY & KAVANAGH DESIGN AS: årsregnskap 2024 vs 2023

Grew 20% on revenue, stronger earnings, cash halved-plus

approved 2025-05-15; registry 2025-05-19; journal 2025 442612

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ABRY & KAVANAGH DESIGN AS. Revenue 2.55m NOK → 3.07m NOK (+20.2%). Net result +94.1k NOK → +192.3k NOK. Equity 808.0k NOK → 360.8k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABRY & KAVANAGH DESIGN AS.

At a glance

Scorecard

Revenue
2.55m NOK 3.07m NOK
+20.2%
Operating result
+83.0k NOK +224.7k NOK
+170.6%
Net result
+94.1k NOK +192.3k NOK
+104.3%
Equity
808.0k NOK 360.8k NOK
-55.3%
Cash
782.1k NOK 81.3k NOK
-89.6%
Total assets
1.34m NOK 1.56m NOK
+16.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.55m NOK to 3.07m NOK (+20.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +83.0k NOK → +224.7k NOK (op. margin 3.2% → 7.3%). Calculated

  • ↑

    Net result improved

    Net result +94.1k NOK → +192.3k NOK (net margin 3.7% → 6.3%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 808.0k NOK → 360.8k NOK (equity ratio 60.4% → 23.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 782.1k NOK → 81.3k NOK (-89.6% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 39.0k NOK → 71.8k NOK (+84.1% YoY). Calculated