HOMECO ASA: årsregnskap 2024 vs 2023
Weaker earnings, cash halved-plus
approved 2025-05-09; registry 2025-08-05; journal 2025 641374
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for HOMECO ASA. Revenue 2.94bn NOK → 3.07bn NOK (+4.3%). Net result +334.7k NOK → +2 NOK. Equity 14.72bn NOK → 650.11m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for HOMECO ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.94bn NOK to 3.07bn NOK (+4.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -1.00m NOK → -1.02m NOK (op. margin -0.0% → -0.0%). Calculated
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↓
Net result weakened
Net result +334.7k NOK → +2 NOK (net margin 0.0% → 0.0%). Calculated
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↓
Equity eroded
Book equity 14.72bn NOK → 650.11m NOK (equity ratio 1338.8% → 64.7%). Calculated
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↓
Cash fell
Bank deposits 67.45m NOK → 1 920 NOK (-100.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.81× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (67.45m NOK → 1 920 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 2.51bn NOK → 2.56bn NOK (85% → 83% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 984.39m NOK → 997.46m NOK. Reported fact