Org.nr 929 832 957 2023 → 2024 Year-over-year analysis

HOLEN VENTURES AS: årsregnskap 2024 vs 2023

Shrank 27% on revenue, cash halved-plus

approved 2025-04-30; registry 2025-07-10; journal 2025 545713

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for HOLEN VENTURES AS. Revenue 546.5k NOK → 398.2k NOK (-27.1%). Net result +38.3k NOK → +30.8k NOK. Equity 359.1k NOK → 1.39m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
546.5k NOK 398.2k NOK
-27.1%
Operating result
+910.6k NOK +357.6k NOK
-60.7%
Net result
+38.3k NOK +30.8k NOK
-19.7%
Equity
359.1k NOK 1.39m NOK
+287.0%
Cash
762.3k NOK 191.9k NOK
-74.8%
Total assets
688.5k NOK 1.47m NOK
+113.0%

What improved

  • ↑

    Equity strengthened

    Book equity 359.1k NOK → 1.39m NOK (equity ratio 52.2% → 94.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.62m NOK → 3 NOK (662% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 546.5k NOK to 398.2k NOK (-27.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +910.6k NOK → +357.6k NOK (op. margin 166.6% → 89.8%). Calculated

  • ↓

    Net result weakened

    Net result +38.3k NOK → +30.8k NOK (net margin 7.0% → 7.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 762.3k NOK → 191.9k NOK (-74.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 326.1k NOK → 974.6k NOK. Reported fact