AD PROSJEKT BYGG AS: årsregnskap 2024 vs 2023
Shrank 49% on revenue, weaker earnings, cash halved-plus
approved 2025-03-03; registry 2025-05-26; journal 2025 427512
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AD PROSJEKT BYGG AS. Revenue 91.70m NOK → 46.56m NOK (-49.2%). Net result +6.23m NOK → +1.67m NOK. Equity 6.34m NOK → 8.01m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for AD PROSJEKT BYGG AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 6.34m NOK → 8.01m NOK (equity ratio 20.7% → 73.3%). Calculated
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↑
Payroll decreased
Salary cost 3.77m NOK → 3.48m NOK (4% → 7% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 91.70m NOK to 46.56m NOK (-49.2% YoY). Calculated
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↓
Operating result weakened
Operating result +8.02m NOK → +2.10m NOK (op. margin 8.7% → 4.5%). Calculated
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↓
Net result weakened
Net result +6.23m NOK → +1.67m NOK (net margin 6.8% → 3.6%). Calculated
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↓
Cash fell
Bank deposits 12.99m NOK → 4.55m NOK (-64.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (12.99m NOK → 4.55m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 78.41m NOK → 39.33m NOK (-49.8% YoY). Calculated