Org.nr 928 167 658 2023 → 2024 Year-over-year analysis

ACTIVENORTH AS: årsregnskap 2024 vs 2023

Grew 194% on revenue, weaker earnings

approved 2025-10-10; registry 2025-10-27; journal 2025 761083

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ACTIVENORTH AS. Revenue 4.48m NOK → 13.15m NOK (+193.7%). Net result +617.2k NOK → +411.3k NOK. Equity 794.5k NOK → 205.7k NOK.

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

Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for ACTIVENORTH AS.

Scorecard

Revenue
4.48m NOK 13.15m NOK
+193.7%
Operating result
+804.7k NOK +838.0k NOK
+4.1%
Net result
+617.2k NOK +411.3k NOK
-33.4%
Equity
794.5k NOK 205.7k NOK
-74.1%
Cash
254.2k NOK 883.7k NOK
+247.7%
Total assets
45.3k NOK 6.31m NOK
+13819.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.48m NOK to 13.15m NOK (+193.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +804.7k NOK → +838.0k NOK (op. margin 18.0% → 6.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 254.2k NOK → 883.7k NOK (+247.7% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +617.2k NOK → +411.3k NOK (net margin 13.8% → 3.1%). Calculated

  • ↓

    Equity eroded

    Book equity 794.5k NOK → 205.7k NOK (equity ratio 1752.5% → 3.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 504.2k NOK → 3.88m NOK (+668.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 37.3k NOK → 1 NOK. Reported fact