Org.nr 976 542 622 2023 → 2024 Year-over-year analysis

AKERSHUS ENERGI VANNKRAFT AS: årsregnskap 2024 vs 2023

Shrank 20% on revenue, weaker earnings

approved 2025-05-23; registry 2025-06-19; journal 2025 538348

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AKERSHUS ENERGI VANNKRAFT AS. Revenue 1.98bn NOK → 1.58bn NOK (-20.1%). Net result +515.59m NOK → +138.88m NOK. Equity 2.96bn NOK → 2.97bn NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKERSHUS ENERGI VANNKRAFT AS.

Scorecard

Revenue
1.98bn NOK 1.58bn NOK
-20.1%
Operating result
-159.22m NOK +3.56m NOK
+102.2%
Net result
+515.59m NOK +138.88m NOK
-73.1%
Equity
2.96bn NOK 2.97bn NOK
+0.2%
Cash
38.15m NOK 50.51m NOK
+32.4%
Total assets
3.45bn NOK 3.45bn NOK
+0.1%

What improved

  • ↑

    Operating result improved

    Operating result -159.22m NOK → +3.56m NOK (op. margin -8.0% → 0.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.96bn NOK → 2.97bn NOK (equity ratio 85.9% → 86.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 38.15m NOK → 50.51m NOK (+32.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.98bn NOK to 1.58bn NOK (-20.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +515.59m NOK → +138.88m NOK (net margin 26.0% → 8.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 14.26m NOK → 18.27m NOK (1% → 1% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.10bn NOK → 1.54bn NOK (-26.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.27bn NOK → 2.28bn NOK. Reported fact