Org.nr 987 989 297 2023 → 2024 Year-over-year analysis

BLUENORD ASA: årsregnskap 2024 vs 2023

Shrank 25% on revenue, weaker earnings, fresh owner capital

approved 2025-07-10; registry 2025-08-07; journal 2025 669498

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for BLUENORD ASA. Revenue 4.00m NOK → 3.00m NOK (-25.0%). Net result -11.00m NOK → -49.00m NOK. Equity 389.0k NOK → 7.35m 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: book investments changed. All figures are taken from the published annual accounts for BLUENORD ASA.

Scorecard

Revenue
4.00m NOK 3.00m NOK
-25.0%
Operating result
-6.00m NOK -10.00m NOK
-66.7%
Net result
-11.00m NOK -49.00m NOK
-345.5%
Equity
389.0k NOK 7.35m NOK
+1788.7%
Cash
1.00m NOK 90.00m NOK
+8900.0%
Total assets
804.0k NOK 901.0k NOK
+12.1%

What improved

  • ↑

    Equity strengthened

    Book equity 389.0k NOK → 7.35m NOK (equity ratio 48.4% → 815.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.00m NOK → 90.00m NOK (+8900.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.06× → 368.00×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 785.0k NOK → 2.00m NOK (+1.22m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.00m NOK to 3.00m NOK (-25.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -6.00m NOK → -10.00m NOK (op. margin -150.0% → -333.3%). Calculated

  • ↓

    Net result weakened

    Net result -11.00m NOK → -49.00m NOK (net margin -275.0% → -1633.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 6.00m NOK → 8.00m NOK (150% → 267% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 803.0k NOK → 809.0k NOK. Reported fact