Org.nr 998 020 964 2023 → 2024 Year-over-year analysis

AK NORGE WIC AS: årsregnskap 2024 vs 2023

Shrank 6% on revenue, weaker earnings

approved 2025-04-11; registry 2025-07-01; journal 2025 586289

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AK NORGE WIC AS. Revenue 20.86m NOK → 19.57m NOK (-6.2%). Net result -1.50m NOK → -2.80m NOK. Equity 17.73m NOK → 14.93m NOK.

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

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for AK NORGE WIC AS.

Scorecard

Revenue
20.86m NOK 19.57m NOK
-6.2%
Operating result
-1.70m NOK -3.00m NOK
-76.2%
Net result
-1.50m NOK -2.80m NOK
-86.1%
Equity
17.73m NOK 14.93m NOK
-15.8%
Cash
2.05m NOK 2.47m NOK
+20.2%
Total assets
23.17m NOK 20.30m NOK
-12.4%

What improved

  • ↑

    Cash rose

    Bank deposits 2.05m NOK → 2.47m NOK (+20.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 20.86m NOK to 19.57m NOK (-6.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -1.70m NOK → -3.00m NOK (op. margin -8.1% → -15.3%). Calculated

  • ↓

    Net result weakened

    Net result -1.50m NOK → -2.80m NOK (net margin -7.2% → -14.3%). Calculated

  • ↓

    Equity eroded

    Book equity 17.73m NOK → 14.93m NOK (equity ratio 76.5% → 73.5%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 17.59m NOK → 14.93m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 5.65m NOK → 5.48m NOK (-3.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 316.4k NOK → 3.41m NOK. Reported fact