Org.nr 927 785 056 2023 → 2024 Year-over-year analysis

ASKELADDEN & CO AS: årsregnskap 2024 vs 2023

Shrank 93% on revenue, stronger earnings

approved 2025-06-30; registry 2025-08-20; journal 2025 748209

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ASKELADDEN & CO AS. Revenue 8.52m NOK → 587.0k NOK (-93.1%). Net result -166.30m NOK → -50.10m NOK. Equity 709.09m NOK → 639.37m NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ASKELADDEN & CO AS.

Scorecard

Revenue
8.52m NOK 587.0k NOK
-93.1%
Operating result
-22.64m NOK -58.19m NOK
-157.0%
Net result
-166.30m NOK -50.10m NOK
+69.9%
Equity
709.09m NOK 639.37m NOK
-9.8%
Cash
39.67m NOK 20.51m NOK
-48.3%
Total assets
720.60m NOK 687.48m NOK
-4.6%

What improved

  • ↑

    Net result improved

    Net result -166.30m NOK → -50.10m NOK (net margin -1952.3% → -8535.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.52m NOK to 587.0k NOK (-93.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -22.64m NOK → -58.19m NOK (op. margin -265.8% → -9913.5%). Calculated

  • ↓

    Equity eroded

    Book equity 709.09m NOK → 639.37m NOK (equity ratio 98.4% → 93.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 39.67m NOK → 20.51m NOK (-48.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5.06× → 0.44× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 893.63m NOK → 870.10m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 662.30m NOK → 666.2k NOK. Reported fact