AEO AS: årsregnskap 2024 vs 2023
Shrank 32% on revenue, stronger earnings
approved 2025-03-24; registry 2025-03-26; journal 2025 349300
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AEO AS. Revenue 1.51m NOK → 1.03m NOK (-31.6%). Net result +562.7k NOK → +12.28m NOK. Equity 3.98m NOK → 16.26m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AEO AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +562.7k NOK → +12.28m NOK (net margin 37.4% → 1192.0%). Calculated
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Equity strengthened
Book equity 3.98m NOK → 16.26m NOK (equity ratio 90.7% → 97.0%). Calculated
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Cash rose
Bank deposits 665.0k NOK → 1.17m NOK (+75.9% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.51m NOK to 1.03m NOK (-31.6% YoY). Calculated
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Operating result weakened
Operating result +721.9k NOK → +15.9k NOK (op. margin 47.9% → 1.5%). Calculated
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Payroll up without matching revenue
Salary cost 721.5k NOK → 899.8k NOK (48% → 87% of revenue). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 3.51m NOK → 15.25m NOK. Reported fact