Org.nr 912 180 182 2023 → 2024 Year-over-year analysis

AHD AS: årsregnskap 2024 vs 2023

Shrank 75% on revenue, weaker earnings, cash halved-plus

approved 2025-06-30; registry 2025-07-03; journal 2025 621813

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AHD AS. Revenue 950.0k NOK → 236.1k NOK (-75.1%). Net result +462.2k NOK → +202.3k NOK. Equity 19.35m NOK → 20.55m NOK.

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

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

Scorecard

Revenue
950.0k NOK 236.1k NOK
-75.1%
Operating result
-178.8k NOK +292.4k NOK
+263.6%
Net result
+462.2k NOK +202.3k NOK
-56.2%
Equity
19.35m NOK 20.55m NOK
+6.2%
Cash
2.53m NOK 222.0k NOK
-91.2%
Total assets
19.40m NOK 20.71m NOK
+6.7%

What improved

  • ↑

    Operating result improved

    Operating result -178.8k NOK → +292.4k NOK (op. margin -18.8% → 123.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 19.35m NOK → 20.55m NOK (equity ratio 99.7% → 99.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 950.0k NOK to 236.1k NOK (-75.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +462.2k NOK → +202.3k NOK (net margin 48.7% → 85.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.53m NOK → 222.0k NOK (-91.2% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 0 NOK → 8 981 NOK (None YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.53m NOK → 222.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 405.5k NOK → 373.7k NOK. Reported fact