MAGNORA ASA: årsregnskap 2024 vs 2023
Shrank 33% on revenue, weaker earnings
approved 2025-04-29; registry 2025-05-21; journal 2025 417064
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for MAGNORA ASA. Revenue 51.00m NOK → 34.00m NOK (-33.3%). Net result +249.00m NOK → +353.0k NOK. Equity 682.0k NOK → 613.00m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for MAGNORA ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 682.0k NOK → 613.00m NOK (equity ratio 98.4% → 83857.7%). Calculated
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↑
Cash rose
Bank deposits 329.0k NOK → 229.00m NOK (+69504.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.03× → 1.98×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 51.00m NOK to 34.00m NOK (-33.3% YoY). Calculated
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↓
Operating result weakened
Operating result -13.00m NOK → -36.00m NOK (op. margin -25.5% → -105.9%). Calculated
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↓
Net result weakened
Net result +249.00m NOK → +353.0k NOK (net margin 488.2% → 1.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 40.00m NOK → 44.00m NOK (78% → 129% of revenue). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 33.00m NOK → 26.00m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 341.0k NOK → 494.0k NOK. Reported fact