FirmaIQ
Org.nr 915 157 564 2023 → 2024 Year-over-year analysis

AF AUTO AS: årsregnskap 2024 vs 2023

Shrank 32% on revenue, weaker earnings

approved 2025-08-11; registry 2025-08-13; journal 2025 745648

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for AF AUTO AS. Revenue 3.54m NOK → 2.40m NOK (-32.1%). Net result +760.0k NOK → +585.8k NOK. Equity 1.10m NOK → 1.22m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AF AUTO AS.

At a glance

Scorecard

Revenue
3.54m NOK 2.40m NOK
-32.1%
Operating result
+966.9k NOK +750.3k NOK
-22.4%
Net result
+760.0k NOK +585.8k NOK
-22.9%
Equity
1.10m NOK 1.22m NOK
+10.7%
Cash
724.7k NOK 768.0k NOK
+6.0%
Total assets
3.07m NOK 2.33m NOK
-24.3%

What improved

  • ↑

    Equity strengthened

    Book equity 1.10m NOK → 1.22m NOK (equity ratio 35.8% → 52.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 724.7k NOK → 768.0k NOK (+6.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.54m NOK to 2.40m NOK (-32.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +966.9k NOK → +750.3k NOK (op. margin 27.3% → 31.2%). Calculated

  • ↓

    Net result weakened

    Net result +760.0k NOK → +585.8k NOK (net margin 21.5% → 24.4%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.47m NOK → 1.62m NOK (-34.3% YoY). Calculated