KONGSBERG AUTOMOTIVE ASA: årsregnskap 2024 vs 2023
Shrank 12% on revenue, returned to profit
approved 2025-03-26; registry 2025-08-19; journal 2025 744777
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for KONGSBERG AUTOMOTIVE ASA. Revenue 6.00m NOK → 5.30m NOK (-11.7%). Net result -158.40m NOK → +40.10m NOK. Equity 259.40m NOK → 285.5k NOK.
On the constructive side: turned profitable; cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for KONGSBERG AUTOMOTIVE ASA.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 158.40m NOK to a profit of 40.10m NOK. Calculated
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↑
Cash rose
Bank deposits 400 NOK → 1 400 NOK (+250.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.00m NOK to 5.30m NOK (-11.7% YoY). Calculated
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↓
Operating result weakened
Operating result +2.30m NOK → +1.50m NOK (op. margin 38.3% → 28.3%). Calculated
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↓
Equity eroded
Book equity 259.40m NOK → 285.5k NOK (equity ratio 49.4% → 0.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.25× → 0.19× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 500 NOK → 300.0k NOK (0% → 6% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 262.00m NOK → 247.40m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 429.90m NOK → 364.00m NOK (-15.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 468.80m NOK → 467.30m NOK. Reported fact