Org.nr 987 245 700 2023 → 2024 Year-over-year analysis

ABYSS AKVASERVICE AS: årsregnskap 2024 vs 2023

Grew 15% on revenue, returned to profit, cash halved-plus

approved 2025-06-06; registry 2025-08-02; journal 2025 730061

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABYSS AKVASERVICE AS. Revenue 598.78m NOK → 690.15m NOK (+15.3%). Net result -14.50m NOK → +40.91m NOK. Equity 190.07m NOK → 230.98m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for ABYSS AKVASERVICE AS.

Scorecard

Revenue
598.78m NOK 690.15m NOK
+15.3%
Operating result
+11.92m NOK +90.20m NOK
+656.9%
Net result
-14.50m NOK +40.91m NOK
+382.2%
Equity
190.07m NOK 230.98m NOK
+21.5%
Cash
68.38m NOK 10.10m NOK
-85.2%
Total assets
931.09m NOK 1.00bn NOK
+7.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 598.78m NOK to 690.15m NOK (+15.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +11.92m NOK → +90.20m NOK (op. margin 2.0% → 13.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 14.50m NOK to a profit of 40.91m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 190.07m NOK → 230.98m NOK (equity ratio 20.4% → 23.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 68.38m NOK → 10.10m NOK (-85.2% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (68.38m NOK → 10.10m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 243.85m NOK → 251.93m NOK (41% → 37% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 70.04m NOK → 66.01m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 249 → 236. Reported fact