AKVA GROUP ASA: årsregnskap 2024 vs 2023
Shrank 100% on revenue, stronger earnings, cash halved-plus
approved 2025-05-07; registry 2025-06-10; journal 2025 435851
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AKVA GROUP ASA. Revenue 1.21bn NOK → 1.14m NOK (-99.9%). Net result +19.92m NOK → +31.50m NOK. Equity 1.22bn NOK → 1.25bn NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AKVA GROUP ASA.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -166.44m NOK → -97.55m NOK (op. margin -13.8% → -8532.8%). Calculated
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Net result improved
Net result +19.92m NOK → +31.50m NOK (net margin 1.6% → 2755.1%). Calculated
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Equity strengthened
Book equity 1.22bn NOK → 1.25bn NOK (equity ratio 44.0% → 40.2%). Calculated
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Payroll decreased
Salary cost 4.29m NOK → 4.28m NOK (0% → 375% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.21bn NOK to 1.14m NOK (-99.9% YoY). Calculated
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Cash fell
Bank deposits 34.65m NOK → 4.40m NOK (-87.3% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.20× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (34.65m NOK → 4.40m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Book investments changed
Investment / intangible book value 1.64bn NOK → 1.88bn NOK. Reported fact