Org.nr 825 031 022 2023 → 2024 Year-over-year analysis

ABSOLUTE HOLDING AS: årsregnskap 2024 vs 2023

Slipped into loss

approved 2025-03-14; registry 2025-03-19; journal 2025 337920

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABSOLUTE HOLDING AS. Net result +488.1k NOK → -10.1k NOK. Equity 2.44m NOK → 1.02m NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABSOLUTE HOLDING AS.

Scorecard

Operating result
-11.9k NOK -20.0k NOK
-67.8%
Net result
+488.1k NOK -10.1k NOK
-102.1%
Equity
2.44m NOK 1.02m NOK
-58.2%
Cash
160.3k NOK 364.8k NOK
+127.6%
Total assets
2.44m NOK 1.02m NOK
-58.4%

What improved

  • ↑

    Cash rose

    Bank deposits 160.3k NOK → 364.8k NOK (+127.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -11.9k NOK → -20.0k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 488.1k NOK profit to a loss of 10.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.44m NOK → 1.02m NOK (equity ratio 99.7% → 100.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 26.86× → -12.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.24m NOK → 652.8k NOK. Reported fact