Org.nr 991 408 495 2023 → 2024 Year-over-year analysis

AIBEL HOLDING III AS: årsregnskap 2024 vs 2023

Stronger earnings, cash halved-plus

approved 2025-06-23; registry 2025-07-02; journal 2025 615992

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AIBEL HOLDING III AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -117.52m NOK → -41.49m NOK. Equity 362.30m NOK → 332.98m NOK.

On the constructive side: net result improved; owners injected capital. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AIBEL HOLDING III AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-139.0k NOK -2.16m NOK
-1453.2%
Net result
-117.52m NOK -41.49m NOK
+64.7%
Equity
362.30m NOK 332.98m NOK
-8.1%
Cash
26.86m NOK 5.94m NOK
-77.9%
Total assets
5.31bn NOK 5.08bn NOK
-4.3%

What improved

  • ↑

    Net result improved

    Net result -117.52m NOK → -41.49m NOK. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 264.5k NOK → 276.7k NOK (+12.2k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -139.0k NOK → -2.16m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 362.30m NOK → 332.98m NOK (equity ratio 6.8% → 6.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 26.86m NOK → 5.94m NOK (-77.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (26.86m NOK → 5.94m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 5.13bn NOK → 4.90bn NOK. Reported fact