Org.nr 920 283 616 2023 → 2024 Year-over-year analysis

AC SCHNITZER NORGE AS: årsregnskap 2024 vs 2023

Stronger earnings

approved 2025-03-20; registry 2025-03-24; journal 2025 346693

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AC SCHNITZER NORGE AS. Revenue 834.8k NOK → 855.8k NOK (+2.5%). Net result -253.5k NOK → -61.0k NOK. Equity 37.9k NOK → -23.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AC SCHNITZER NORGE AS.

Scorecard

Revenue
834.8k NOK 855.8k NOK
+2.5%
Operating result
-249.4k NOK -52.8k NOK
+78.8%
Net result
-253.5k NOK -61.0k NOK
+75.9%
Equity
37.9k NOK -23.1k NOK
-161.0%
Cash
258 NOK 1 141 NOK
+342.2%
Total assets
n/m 108.1k NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 834.8k NOK to 855.8k NOK (+2.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -249.4k NOK → -52.8k NOK (op. margin -29.9% → -6.2%). Calculated

  • ↑

    Net result improved

    Net result -253.5k NOK → -61.0k NOK (net margin -30.4% → -7.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 37.9k NOK → -23.1k NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.49× → 0.82× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -21.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 798.2k NOK → 581.5k NOK (-27.1% YoY). Calculated