Org.nr 930 674 168 2023 → 2024 Year-over-year analysis

ALGIZ AS: årsregnskap 2024 vs 2023

Weaker earnings, cash halved-plus

approved 2025-05-08; registry 2025-07-29; journal 2025 715063

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ALGIZ AS. Revenue 0 NOK → 8 400 NOK. Net result -11.3k NOK → -185.8k NOK. Equity 18.7k NOK → -167.1k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ALGIZ AS.

Scorecard

Revenue
0 NOK 8 400 NOK
—
Operating result
-13.8k NOK -185.8k NOK
-1246.0%
Net result
-11.3k NOK -185.8k NOK
-1549.2%
Equity
18.7k NOK -167.1k NOK
-992.2%
Cash
5 396 NOK 2 247 NOK
-58.4%
Total assets
448.7k NOK 265.6k NOK
-40.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 8 400 NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -13.8k NOK → -185.8k NOK. Calculated

  • ↓

    Net result weakened

    Net result -11.3k NOK → -185.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 18.7k NOK → -167.1k NOK (equity ratio 4.2% → -62.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 5 396 NOK → 2 247 NOK (-58.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -62.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation