Org.nr 989 211 366 2023 → 2024 Year-over-year analysis

BEWO HOLDING AS: årsregnskap 2024 vs 2023

Grew 143% on revenue, cash halved-plus

approved 2025-04-15; registry 2025-05-19; journal 2025 425047

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for BEWO HOLDING AS. Revenue 1.03m NOK → 2.49m NOK (+143.0%). Net result +940.9k NOK → +923.6k NOK. Equity 29.81m NOK → 26.53m NOK.

On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for BEWO HOLDING AS.

Scorecard

Revenue
1.03m NOK 2.49m NOK
+143.0%
Operating result
-1.05m NOK +1.90m NOK
+281.5%
Net result
+940.9k NOK +923.6k NOK
-1.8%
Equity
29.81m NOK 26.53m NOK
-11.0%
Cash
1.26m NOK 210.6k NOK
-83.2%
Total assets
32.04m NOK 30.15m NOK
-5.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.03m NOK to 2.49m NOK (+143.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.05m NOK → +1.90m NOK (op. margin -102.0% → 76.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.50m NOK → 16.0k NOK (146% → 1% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 29.81m NOK → 26.53m NOK (equity ratio 93.0% → 88.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.26m NOK → 210.6k NOK (-83.2% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.26m NOK → 210.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 808.9k NOK → 422.0k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1.75 → 0. Reported fact