FirmaIQ
Org.nr 996 380 092 2023 → 2024 Year-over-year analysis

KEEP EXPANDING AS: årsregnskap 2024 vs 2023

Grew 189% on revenue, returned to profit

approved 2025-06-30; registry 2025-07-31; journal 2025 724146

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for KEEP EXPANDING AS. Revenue 1 431 NOK → 4 139 NOK (+189.2%). Net result -89.7k NOK → +1.06m NOK. Equity 2.25m NOK → 2.66m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1 431 NOK 4 139 NOK
+189.2%
Operating result
+381.6k NOK +1 348 NOK
-99.6%
Net result
-89.7k NOK +1.06m NOK
+1284.3%
Equity
2.25m NOK 2.66m NOK
+18.5%
Cash
338.4k NOK 736.6k NOK
+117.7%
Total assets
3.62m NOK 3.42m NOK
-5.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 431 NOK to 4 139 NOK (+189.2% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 89.7k NOK to a profit of 1.06m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.25m NOK → 2.66m NOK (equity ratio 62.1% → 77.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 338.4k NOK → 736.6k NOK (+117.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.80× → 1.33×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +381.6k NOK → +1 348 NOK (op. margin 26665.4% → 32.6%). Calculated