Org.nr 913 422 082 2023 → 2024 Year-over-year analysis

ALGINOR ASA: årsregnskap 2024 vs 2023

Grew 36% on revenue, weaker earnings, fresh owner capital

approved 2025-05-19; registry 2025-08-16; journal 2025 747333

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ALGINOR ASA. Revenue 120.7k NOK → 164.4k NOK (+36.2%). Net result -25.57m NOK → -39.85m NOK. Equity 495.84m NOK → 868.24m NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
120.7k NOK 164.4k NOK
+36.2%
Operating result
-26.17m NOK -44.43m NOK
-69.8%
Net result
-25.57m NOK -39.85m NOK
-55.9%
Equity
495.84m NOK 868.24m NOK
+75.1%
Cash
20.47m NOK 251.47m NOK
+1128.8%
Total assets
535.35m NOK 948.45m NOK
+77.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 120.7k NOK to 164.4k NOK (+36.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 495.84m NOK → 868.24m NOK (equity ratio 92.6% → 91.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 20.47m NOK → 251.47m NOK (+1128.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 495.84m NOK → 868.24m NOK (+372.40m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 14.17m NOK → 11.40m NOK (11746% → 6936% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -26.17m NOK → -44.43m NOK (op. margin -21686.1% → -27032.2%). Calculated

  • ↓

    Net result weakened

    Net result -25.57m NOK → -39.85m NOK (net margin -21190.6% → -24248.7%). Calculated