Org.nr 920 237 126 2023 → 2024 Year-over-year analysis

ATEA ASA: årsregnskap 2024 vs 2023

Grew 12% on revenue, weaker earnings, cash halved-plus

approved 2025-03-20; registry 2025-05-05; journal 2025 394727

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ATEA ASA. Revenue 75.00m NOK → 84.00m NOK (+12.0%). Net result +746.00m NOK → +798.0k NOK. Equity 2.30bn NOK → 2.38bn NOK.

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

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ATEA ASA.

Scorecard

Revenue
75.00m NOK 84.00m NOK
+12.0%
Operating result
-43.00m NOK -39.00m NOK
+9.3%
Net result
+746.00m NOK +798.0k NOK
-99.9%
Equity
2.30bn NOK 2.38bn NOK
+3.3%
Cash
823.00m NOK 324.00m NOK
-60.6%
Total assets
7.41bn NOK 7.40bn NOK
-0.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 75.00m NOK to 84.00m NOK (+12.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -43.00m NOK → -39.00m NOK (op. margin -57.3% → -46.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.30bn NOK → 2.38bn NOK (equity ratio 31.0% → 32.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 682.0k NOK → 682.00m NOK (+681.32m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result +746.00m NOK → +798.0k NOK (net margin 994.7% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 823.00m NOK → 324.00m NOK (-60.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.55× → 0.52× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (823.00m NOK → 324.00m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.66bn NOK → 4.93bn NOK. Reported fact