Org.nr 929 913 574 2023 → 2024 Year-over-year analysis

KINGS HOLDING AS: årsregnskap 2024 vs 2023

Returned to profit

approved 2025-05-09; registry 2025-05-12; journal 2025 427071

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for KINGS HOLDING AS. Net result -965 NOK → +1 338 NOK. Equity 23.5k NOK → 24.8k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell.

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

Scorecard

Revenue
n/m 7 500 NOK
—
Operating result
-1 185 NOK +1 693 NOK
+242.9%
Net result
-965 NOK +1 338 NOK
+238.7%
Equity
23.5k NOK 24.8k NOK
+5.7%
Cash
10.5k NOK 6 261 NOK
-40.6%
Total assets
23.5k NOK 25.2k NOK
+7.3%

What improved

  • ↑

    Operating result improved

    Operating result -1 185 NOK → +1 693 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 965 NOK to a profit of 1 338 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 23.5k NOK → 24.8k NOK (equity ratio 100.0% → 98.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 10.5k NOK → 6 261 NOK (-40.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6 920 NOK → 18.9k NOK. Reported fact