Org.nr 988 660 973 2023 → 2024 Year-over-year analysis

AH GRUPPEN AS: årsregnskap 2024 vs 2023

Grew 13% on revenue, slipped into loss, cash halved-plus

approved 2025-06-10; registry 2025-07-19; journal 2025 555868

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AH GRUPPEN AS. Revenue 749.7k NOK → 850.6k NOK (+13.5%). Net result +55.69m NOK → -3.96m NOK. Equity 473.82m NOK → 469.91m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for AH GRUPPEN AS.

Scorecard

Revenue
749.7k NOK 850.6k NOK
+13.5%
Operating result
-13.21m NOK -11.20m NOK
+15.2%
Net result
+55.69m NOK -3.96m NOK
-107.1%
Equity
473.82m NOK 469.91m NOK
-0.8%
Cash
26.61m NOK 9.90m NOK
-62.8%
Total assets
669.38m NOK 666.15m NOK
-0.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 749.7k NOK to 850.6k NOK (+13.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -13.21m NOK → -11.20m NOK (op. margin -1761.7% → -1316.3%). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 55.69m NOK profit to a loss of 3.96m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 473.82m NOK → 469.91m NOK (equity ratio 70.8% → 70.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 26.61m NOK → 9.90m NOK (-62.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (26.61m NOK → 9.90m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 75.2k NOK → 10.8k NOK (-85.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 379.29m NOK → 372.57m NOK. Reported fact