Org.nr 932 248 174 2023 → 2024 Year-over-year analysis

AEON BIOTECH AS: årsregnskap 2024 vs 2023

Grew 451% on revenue, stronger earnings, cash halved-plus

approved 2025-05-07; registry 2025-05-17; journal 2025 439866

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AEON BIOTECH AS. Revenue 20.5k NOK → 113.0k NOK (+451.1%). Net result -668.7k NOK → -207.2k NOK. Equity 75.8k NOK → -131.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AEON BIOTECH AS.

Scorecard

Revenue
20.5k NOK 113.0k NOK
+451.1%
Operating result
-668.7k NOK -206.9k NOK
+69.1%
Net result
-668.7k NOK -207.2k NOK
+69.0%
Equity
75.8k NOK -131.4k NOK
-273.5%
Cash
67.6k NOK 4 965 NOK
-92.7%
Total assets
88.1k NOK 36.3k NOK
-58.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.5k NOK to 113.0k NOK (+451.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -668.7k NOK → -206.9k NOK (op. margin -3260.7% → -183.1%). Calculated

  • ↑

    Net result improved

    Net result -668.7k NOK → -207.2k NOK (net margin -3260.7% → -183.3%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 75.8k NOK → -131.4k NOK (equity ratio 86.0% → -362.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 67.6k NOK → 4 965 NOK (-92.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 7.14× → 0.34× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -362.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 608.6k NOK → 247.3k NOK (-59.4% YoY). Calculated