FirmaIQ
Org.nr 986 942 033 2023 → 2024 Year-over-year analysis

APPEAR ASA: årsregnskap 2024 vs 2023

Shrank 100% on revenue, stronger earnings

approved 2025-05-13; registry 2025-06-04; journal 2025 450133

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for APPEAR ASA. Revenue 417.95m NOK → 602.2k NOK (-99.9%). Net result +30.66m NOK → +66.05m NOK. Equity 194.44m NOK → 259.7k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
417.95m NOK 602.2k NOK
-99.9%
Operating result
+30.56m NOK +66.42m NOK
+117.3%
Net result
+30.66m NOK +66.05m NOK
+115.4%
Equity
194.44m NOK 259.7k NOK
-99.9%
Cash
71.40m NOK 72.25m NOK
+1.2%
Total assets
283.84m NOK 427.1k NOK
-99.8%

What improved

  • ↑

    Operating result improved

    Operating result +30.56m NOK → +66.42m NOK (op. margin 7.3% → 11030.2%). Calculated

  • ↑

    Net result improved

    Net result +30.66m NOK → +66.05m NOK (net margin 7.3% → 10968.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 71.40m NOK → 72.25m NOK (+1.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 417.95m NOK to 602.2k NOK (-99.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 194.44m NOK → 259.7k NOK (equity ratio 68.5% → 60.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.08× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated