Org.nr 932 406 667 2023 → 2024 Year-over-year analysis

BREEZE IP AS: årsregnskap 2024 vs 2023

Weaker earnings

approved 2025-06-27; registry 2025-06-30; journal 2025 599271

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for BREEZE IP AS. Revenue 0 NOK → 564.9k NOK. Net result -65.3k NOK → -164.3k NOK. Equity -35.3k NOK → -199.7k NOK.

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

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for BREEZE IP AS.

Scorecard

Revenue
0 NOK 564.9k NOK
—
Operating result
-65.3k NOK -174.6k NOK
-167.3%
Net result
-65.3k NOK -164.3k NOK
-151.6%
Equity
-35.3k NOK -199.7k NOK
-465.2%
Cash
24.4k NOK 2.06m NOK
+8324.0%
Total assets
1.07m NOK 3.65m NOK
+240.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 564.9k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 24.4k NOK → 2.06m NOK (+8324.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.02× → 6.02×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -65.3k NOK → -174.6k NOK. Calculated

  • ↓

    Net result weakened

    Net result -65.3k NOK → -164.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -35.3k NOK → -199.7k NOK (equity ratio -3.3% → -5.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -5.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 15.0k NOK → 1.43m NOK. Calculated

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 137.2k NOK (None YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact