FirmaIQ
Org.nr 911 680 300 2023 → 2024 Year-over-year analysis

FLENDER AS: årsregnskap 2024 vs 2023

Grew 4125% on revenue, weaker earnings, cash halved-plus

approved 2025-06-09; registry 2025-07-28; journal 2025 712764

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for FLENDER AS. Revenue 9 000 NOK → 380.3k NOK (+4125.2%). Net result +590.4k NOK → +1 237 NOK. Equity 17.07m NOK → 13.55m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for FLENDER AS.

At a glance

Scorecard

Revenue
9 000 NOK 380.3k NOK
+4125.2%
Operating result
-105.4k NOK +285.6k NOK
+370.9%
Net result
+590.4k NOK +1 237 NOK
-99.8%
Equity
17.07m NOK 13.55m NOK
-20.6%
Cash
522.5k NOK 114.5k NOK
-78.1%
Total assets
17.16m NOK 15.29m NOK
-10.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9 000 NOK to 380.3k NOK (+4125.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -105.4k NOK → +285.6k NOK (op. margin -1171.5% → 75.1%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +590.4k NOK → +1 237 NOK (net margin 6560.1% → 0.3%). Calculated

  • ↓

    Equity eroded

    Book equity 17.07m NOK → 13.55m NOK (equity ratio 99.4% → 88.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 522.5k NOK → 114.5k NOK (-78.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.67m NOK → 711.2k NOK. Reported fact