Org.nr 926 829 173 2023 → 2024 Year-over-year analysis

AHMAD NORWAY AS: årsregnskap 2024 vs 2023

Shrank 23% on revenue, returned to profit

approved 2025-08-26; registry 2025-08-28; journal 2025 752050

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AHMAD NORWAY AS. Revenue 1.16m NOK → 890.2k NOK (-23.4%). Net result -102.6k NOK → +18.1k NOK. Equity -137.0k NOK → -118.9k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AHMAD NORWAY AS.

Scorecard

Revenue
1.16m NOK 890.2k NOK
-23.4%
Operating result
-98.6k NOK +29.8k NOK
+130.2%
Net result
-102.6k NOK +18.1k NOK
+117.7%
Equity
-137.0k NOK -118.9k NOK
+13.2%
Cash
8 361 NOK 54.8k NOK
+555.6%
Total assets
110.6k NOK 109.6k NOK
-0.9%

What improved

  • ↑

    Operating result improved

    Operating result -98.6k NOK → +29.8k NOK (op. margin -8.5% → 3.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 102.6k NOK to a profit of 18.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -137.0k NOK → -118.9k NOK (equity ratio -123.9% → -108.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 8 361 NOK → 54.8k NOK (+555.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.88m NOK → 579.7k NOK (161% → 65% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.16m NOK to 890.2k NOK (-23.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 33.0k NOK → 0 NOK (-100.0% YoY). Calculated