Org.nr 938 992 185 2023 → 2024 Year-over-year analysis

HEXAGON COMPOSITES ASA: årsregnskap 2024 vs 2023

Grew 84153% on revenue, stronger earnings, fresh owner capital

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for HEXAGON COMPOSITES ASA. Revenue 120.6k NOK → 101.58m NOK (+84153.5%). Net result +813.0k NOK → +55.48m NOK. Equity 2.12bn NOK → 2.52bn NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.

Net constructive year on the published lines.

Scorecard

Revenue
120.6k NOK 101.58m NOK
+84153.5%
Operating result
-52.42m NOK -79.91m NOK
-52.4%
Net result
+813.0k NOK +55.48m NOK
+6724.2%
Equity
2.12bn NOK 2.52bn NOK
+18.6%
Cash
1.99m NOK n/m
—
Total assets
3.86bn NOK 4.49bn NOK
+16.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 120.6k NOK to 101.58m NOK (+84153.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +813.0k NOK → +55.48m NOK (net margin 674.3% → 54.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.12bn NOK → 2.52bn NOK (equity ratio 55.1% → 56.2%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 907.24m NOK → 1.24bn NOK (+336.63m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -52.42m NOK → -79.91m NOK (op. margin -43480.4% → -78.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 14.43× → 0.54× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated