Org.nr 980 250 547 2023 → 2024 Year-over-year analysis

ITERA ASA: årsregnskap 2024 vs 2023

Weaker earnings, fresh owner capital

approved 2025-05-26; registry 2025-07-22; journal 2025 562891

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ITERA ASA. Revenue 61.51m NOK → 61.02m NOK (-0.8%). Net result +63.52m NOK → +37.95m NOK. Equity 60.28m NOK → 75.30m NOK.

On the constructive side: operating result improved; equity strengthened; owners injected capital. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ITERA ASA.

Scorecard

Revenue
61.51m NOK 61.02m NOK
-0.8%
Operating result
-6.84m NOK -6.00m NOK
+12.3%
Net result
+63.52m NOK +37.95m NOK
-40.3%
Equity
60.28m NOK 75.30m NOK
+24.9%
Cash
29.22m NOK 26.32m NOK
-9.9%
Total assets
163.8k NOK 166.3k NOK
+1.5%

What improved

  • ↑

    Operating result improved

    Operating result -6.84m NOK → -6.00m NOK (op. margin -11.1% → -9.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 60.28m NOK → 75.30m NOK (equity ratio 36792.5% → 45275.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 43.79m NOK → 53.13m NOK (+9.34m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 634.36m NOK → 4.63m NOK (1031% → 8% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 61.51m NOK to 61.02m NOK (-0.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +63.52m NOK → +37.95m NOK (net margin 103.3% → 62.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 29.22m NOK → 26.32m NOK (-9.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 57.90m NOK → 65.73m NOK (+13.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 116.04m NOK → 123.5k NOK. Reported fact