AF BIL AS: årsregnskap 2024 vs 2023
Grew 580% on revenue, weaker earnings
approved 2025-06-30; registry 2025-08-04; journal 2025 738881
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AF BIL AS. Revenue 5.70m NOK → 38.75m NOK (+580.2%). Net result -574.9k NOK → -950.2k NOK. Equity -459.5k NOK → -1.41m NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AF BIL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.70m NOK to 38.75m NOK (+580.2% YoY). Calculated
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Cash rose
Bank deposits 8 764 NOK → 126.0k NOK (+1338.1% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.31m NOK → 2 NOK (41% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -387.9k NOK → -450.5k NOK (op. margin -6.8% → -1.2%). Calculated
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↓
Net result weakened
Net result -574.9k NOK → -950.2k NOK (net margin -10.1% → -2.5%). Calculated
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↓
Equity eroded
Book equity -459.5k NOK → -1.41m NOK (equity ratio -11.4% → -16.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.58× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -16.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 5.45m NOK → 35.56m NOK (+552.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 100.0k NOK → 93.8k NOK. Reported fact