HÖEGH AUTOLINERS ASA: årsregnskap 2024 vs 2023
Shrank 5% on revenue, stronger earnings, cash halved-plus
approved 2025-05-27; registry 2025-07-03; journal 2025 522115
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for HÖEGH AUTOLINERS ASA. Revenue 1.45bn NOK → 1.37bn NOK (-5.2%). Net result +32.62m NOK → +952.00m NOK. Equity 876.21m NOK → 1.25m NOK.
On the constructive side: net result improved; owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for HÖEGH AUTOLINERS ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result +32.62m NOK → +952.00m NOK (net margin 2.3% → 69.4%). Calculated
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Owners injected capital
Paid-in equity rose 734.3k NOK → 606.51m NOK (+605.78m NOK). Reported fact
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.45bn NOK to 1.37bn NOK (-5.2% YoY). Calculated
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Operating result weakened
Operating result -1.86m NOK → -2.27m NOK (op. margin -0.1% → -0.2%). Calculated
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Equity eroded
Book equity 876.21m NOK → 1.25m NOK (equity ratio 54.0% → 0.1%). Calculated
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Cash fell
Bank deposits 65.39m NOK → 31.14m NOK (-52.4% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 203.24× → 0.86× — 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 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 1.53bn NOK → 1.63bn NOK. Reported fact