Org.nr 995 158 884 2023 → 2024 Year-over-year analysis

AHA EIENDOM AS: årsregnskap 2024 vs 2023

Grew 6% on revenue, weaker earnings, cash halved-plus

approved 2025-06-30; registry 2025-08-04; journal 2025 731690

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AHA EIENDOM AS. Revenue 14.52m NOK → 15.45m NOK (+6.4%). Net result -3.48m NOK → -7.75m NOK. Equity 5.15bn NOK → 3.14bn NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: sharp cash drawdown; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for AHA EIENDOM AS.

Scorecard

Revenue
14.52m NOK 15.45m NOK
+6.4%
Operating result
-8.67m NOK -12.17m NOK
-40.3%
Net result
-3.48m NOK -7.75m NOK
-122.6%
Equity
5.15bn NOK 3.14bn NOK
-39.0%
Cash
19.63m NOK 1.06m NOK
-94.6%
Total assets
417.50m NOK 422.14m NOK
+1.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.52m NOK to 15.45m NOK (+6.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 12.33m NOK → 12.21m NOK (85% → 79% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -8.67m NOK → -12.17m NOK (op. margin -59.7% → -78.8%). Calculated

  • ↓

    Net result weakened

    Net result -3.48m NOK → -7.75m NOK (net margin -24.0% → -50.2%). Calculated

  • ↓

    Equity eroded

    Book equity 5.15bn NOK → 3.14bn NOK (equity ratio 1232.7% → 743.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 19.63m NOK → 1.06m NOK (-94.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 11.55× → 0.72× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (19.63m NOK → 1.06m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 146.40m NOK → 138.64m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 442.2k NOK → 636.1k NOK (+43.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 310.60m NOK → 7.32m NOK. Reported fact