ACTIVITY NORWAY AS: årsregnskap 2024 vs 2023
Grew 313% on revenue, slipped into loss, cash halved-plus
approved 2025-07-31; registry 2025-08-04; journal 2025 736067
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ACTIVITY NORWAY AS. Revenue 168.9k NOK → 698.5k NOK (+313.4%). Net result +6 838 NOK → -112.7k NOK. Equity 51.5k NOK → -61.2k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTIVITY NORWAY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 168.9k NOK to 698.5k NOK (+313.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +9 168 NOK → -106.2k NOK (op. margin 5.4% → -15.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 6 838 NOK profit to a loss of 112.7k NOK. Calculated
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↓
Equity eroded
Book equity 51.5k NOK → -61.2k NOK (equity ratio 66.7% → -9.6%). Calculated
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↓
Cash fell
Bank deposits 77.2k NOK → 15.7k NOK (-79.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.00× → 0.18× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -9.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 0 NOK → 6 846 NOK (0% → 1% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 27.1k NOK → 377.9k NOK (+1294.5% YoY). Calculated