Org.nr 918 709 355 2023 → 2024 Year-over-year analysis

EGW HOLDING AS: årsregnskap 2024 vs 2023

Shrank 13% on revenue

approved 2025-06-06; registry 2025-07-17; journal 2025 682370

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for EGW HOLDING AS. Revenue 28.3k NOK → 24.5k NOK (-13.3%). Net result -5 959 NOK → -10.1k NOK. Equity 13.5k NOK → 3 413 NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for EGW HOLDING AS.

Scorecard

Revenue
28.3k NOK 24.5k NOK
-13.3%
Operating result
+25.2k NOK +19.9k NOK
-20.9%
Net result
-5 959 NOK -10.1k NOK
-69.9%
Equity
13.5k NOK 3 413 NOK
-74.8%
Cash
79.5k NOK 53.6k NOK
-32.6%
Total assets
1.07m NOK 1.18m NOK
+10.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 28.3k NOK to 24.5k NOK (-13.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +25.2k NOK → +19.9k NOK (op. margin 88.9% → 81.1%). Calculated

  • ↓

    Net result weakened

    Net result -5 959 NOK → -10.1k NOK (net margin -21.1% → -41.3%). Calculated

  • ↓

    Equity eroded

    Book equity 13.5k NOK → 3 413 NOK (equity ratio 1.3% → 0.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 79.5k NOK → 53.6k NOK (-32.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 995.4k NOK → 70.4k NOK. Reported fact