CAMBI ASA: årsregnskap 2024 vs 2023
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2025-05-08; registry 2025-05-24; journal 2025 425912
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for CAMBI ASA. Revenue 976.61m NOK → 1.03m NOK (-99.9%). Net result +124.46m NOK → +3.01m NOK. Equity 5.17bn NOK → 5.13m NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer; sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for CAMBI ASA.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -6.38m NOK → -4.90m NOK (op. margin -0.7% → -473.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 976.61m NOK to 1.03m NOK (-99.9% YoY). Calculated
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↓
Net result weakened
Net result +124.46m NOK → +3.01m NOK (net margin 12.7% → 291.2%). Calculated
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↓
Equity eroded
Book equity 5.17bn NOK → 5.13m NOK (equity ratio 986.0% → 1.6%). Calculated
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↓
Cash fell
Bank deposits 163.01m NOK → 53.47m NOK (-67.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.89× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (163.01m NOK → 53.47m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 174.67m NOK → 126.66m NOK — check capital reduction, conversion, or reclassification. Interpretation