KID ASA: årsregnskap 2024 vs 2023
Grew 77% on revenue, cash halved-plus
approved 2025-05-12; registry 2025-06-21; journal 2025 502229
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for KID ASA. Revenue 4.88m NOK → 8.65m NOK (+77.2%). Net result +264.5k NOK → +287.0k NOK. Equity 805.1k NOK → 766.94m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for KID ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.88m NOK to 8.65m NOK (+77.2% YoY). Calculated
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Net result improved
Net result +264.5k NOK → +287.0k NOK (net margin 5.4% → 3.3%). Calculated
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↑
Equity strengthened
Book equity 805.1k NOK → 766.94m NOK (equity ratio 0.0% → 36.6%). Calculated
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Payroll decreased
Salary cost 8.79m NOK → 6.99m NOK (180% → 81% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -16.94m NOK → -19.53m NOK (op. margin -346.9% → -225.7%). Calculated
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↓
Cash fell
Bank deposits 168.73m NOK → 206.5k NOK (-99.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (168.73m NOK → 206.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 1.38bn NOK → 1.32bn NOK. Reported fact