Org.nr 989 270 273 2023 → 2024 Year-over-year analysis

HESTNES-LANDE HOLDING AS: årsregnskap 2024 vs 2023

Grew 5815% on revenue, returned to profit

registry 2025-03-20; journal 2025 340442

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for HESTNES-LANDE HOLDING AS. Revenue 10.9k NOK → 646.8k NOK (+5814.9%). Net result -59.3k NOK → +4.22m NOK. Equity 710.7k NOK → 927.2k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for HESTNES-LANDE HOLDING AS.

Scorecard

Revenue
10.9k NOK 646.8k NOK
+5814.9%
Operating result
-21.2k NOK +265.1k NOK
+1351.6%
Net result
-59.3k NOK +4.22m NOK
+7207.6%
Equity
710.7k NOK 927.2k NOK
+30.5%
Cash
11.4k NOK 40.5k NOK
+254.6%
Total assets
726.4k NOK 50.4k NOK
-93.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.9k NOK to 646.8k NOK (+5814.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -21.2k NOK → +265.1k NOK (op. margin -193.7% → 41.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 59.3k NOK to a profit of 4.22m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 710.7k NOK → 927.2k NOK (equity ratio 97.8% → 1839.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 11.4k NOK → 40.5k NOK (+254.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 323.7k NOK → 391.7k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact