Org.nr 938 702 675 2023 → 2024 Year-over-year analysis

AF GRUPPEN ASA: årsregnskap 2024 vs 2023

Shrank 100% on revenue, weaker earnings

approved 2025-05-15; registry 2025-07-21; journal 2025 558465

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AF GRUPPEN ASA. Revenue 612.00m NOK → 136 NOK (-100.0%). Net result +554.00m NOK → +87.00m NOK. Equity 1.57bn NOK → 1.19bn NOK.

On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AF GRUPPEN ASA.

Scorecard

Revenue
612.00m NOK 136 NOK
-100.0%
Operating result
+584.00m NOK +100 NOK
-100.0%
Net result
+554.00m NOK +87.00m NOK
-84.3%
Equity
1.57bn NOK 1.19bn NOK
-24.2%
Total assets
3.86bn NOK 3.31bn NOK
-14.2%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.34× → 105710.24×. Calculated

  • ↑

    Payroll decreased

    Salary cost 6.15bn NOK → 33 NOK (1005% → 24% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 612.00m NOK to 136 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +584.00m NOK → +100 NOK (op. margin 95.4% → 73.5%). Calculated

  • ↓

    Net result weakened

    Net result +554.00m NOK → +87.00m NOK (net margin 90.5% → 63970588.2%). Calculated

  • ↓

    Equity eroded

    Book equity 1.57bn NOK → 1.19bn NOK (equity ratio 40.7% → 35.9%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 505.0k NOK → 31 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3.07bn NOK → 3 081 NOK. Reported fact