Org.nr 928 957 195 2023 → 2024 Year-over-year analysis

ABSTRACTIONS AS: årsregnskap 2024 vs 2023

Grew 98% on revenue, stronger earnings

approved 2025-06-17; registry 2025-07-12; journal 2025 552457

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABSTRACTIONS AS. Revenue 9.74m NOK → 19.32m NOK (+98.4%). Net result +517.7k NOK → +1.63m NOK. Equity 964.7k NOK → 597.4k NOK.

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

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABSTRACTIONS AS.

Scorecard

Revenue
9.74m NOK 19.32m NOK
+98.4%
Operating result
+666.7k NOK +581.1k NOK
-12.8%
Net result
+517.7k NOK +1.63m NOK
+215.4%
Equity
964.7k NOK 597.4k NOK
-38.1%
Cash
677.7k NOK 2.22m NOK
+227.7%
Total assets
3.27m NOK 8.10m NOK
+148.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.74m NOK to 19.32m NOK (+98.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +517.7k NOK → +1.63m NOK (net margin 5.3% → 8.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 677.7k NOK → 2.22m NOK (+227.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +666.7k NOK → +581.1k NOK (op. margin 6.8% → 3.0%). Calculated

  • ↓

    Equity eroded

    Book equity 964.7k NOK → 597.4k NOK (equity ratio 29.5% → 7.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 6.71m NOK → 10.84m NOK (69% → 56% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.84m NOK → 3.35m NOK (+82.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 9. Reported fact