Org.nr 959 033 560 2023 → 2024 Year-over-year analysis

ARCTICZYMES TECHNOLOGIES ASA: årsregnskap 2024 vs 2023

Shrank 8% on revenue, weaker earnings

approved 2025-04-30; registry 2025-09-22; journal 2025 756250

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ARCTICZYMES TECHNOLOGIES ASA. Revenue 5.13m NOK → 4.74m NOK (-7.6%). Net result +18.44m NOK → +6.76m NOK. Equity 407.6k NOK → 416.7k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ARCTICZYMES TECHNOLOGIES ASA.

Scorecard

Revenue
5.13m NOK 4.74m NOK
-7.6%
Operating result
-7.41m NOK -11.41m NOK
-53.9%
Net result
+18.44m NOK +6.76m NOK
-63.4%
Equity
407.6k NOK 416.7k NOK
+2.2%
Cash
155.0k NOK 143.58m NOK
+92520.2%
Total assets
424.1k NOK 425.8k NOK
+0.4%

What improved

  • ↑

    Equity strengthened

    Book equity 407.6k NOK → 416.7k NOK (equity ratio 96.1% → 97.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 155.0k NOK → 143.58m NOK (+92520.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.03× → 48.22×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 367.1k NOK → 369.5k NOK (+2 390 NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.13m NOK to 4.74m NOK (-7.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -7.41m NOK → -11.41m NOK (op. margin -144.5% → -240.8%). Calculated

  • ↓

    Net result weakened

    Net result +18.44m NOK → +6.76m NOK (net margin 359.5% → 142.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 11.72m NOK → 8.95m NOK (-23.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 167.01m NOK → 1 NOK. Reported fact