Org.nr 980 093 344 2023 → 2024 Year-over-year analysis

AE FROGNER AS: årsregnskap 2024 vs 2023

Grew 133% on revenue, stronger earnings, cash halved-plus

approved 2025-06-30; registry 2025-07-24; journal 2025 699728

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AE FROGNER AS. Revenue 54.0k NOK → 125.8k NOK (+133.0%). Net result -905.0k NOK → -421.7k NOK. Equity 1.53m NOK → 990.8k NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AE FROGNER AS.

Scorecard

Revenue
54.0k NOK 125.8k NOK
+133.0%
Operating result
-1.01m NOK -312.1k NOK
+69.0%
Net result
-905.0k NOK -421.7k NOK
+53.4%
Equity
1.53m NOK 990.8k NOK
-35.2%
Cash
38.3k NOK 16.4k NOK
-57.0%
Total assets
8.26m NOK 5.05m NOK
-38.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 54.0k NOK to 125.8k NOK (+133.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.01m NOK → -312.1k NOK (op. margin -1866.8% → -248.1%). Calculated

  • ↑

    Net result improved

    Net result -905.0k NOK → -421.7k NOK (net margin -1675.8% → -335.2%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.53m NOK → 990.8k NOK (equity ratio 18.5% → 19.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 38.3k NOK → 16.4k NOK (-57.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 134.0k NOK → 12.0k NOK (-91.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 200.2k NOK. Reported fact