Org.nr 927 192 322 2023 → 2024 Year-over-year analysis

MITIGRATE AS: årsregnskap 2024 vs 2023

Grew 1201% on revenue, slipped into loss

approved 2025-06-13; registry 2025-06-23; journal 2025 564423

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for MITIGRATE AS. Revenue 297.7k NOK → 3.87m NOK (+1201.3%). Net result +255.6k NOK → -2.54m NOK. Equity 8.09m NOK → 5.55m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for MITIGRATE AS.

Scorecard

Revenue
297.7k NOK 3.87m NOK
+1201.3%
Operating result
+338.2k NOK -2.57m NOK
-860.6%
Net result
+255.6k NOK -2.54m NOK
-1093.5%
Equity
8.09m NOK 5.55m NOK
-31.4%
Cash
89.5k NOK 3.72m NOK
+4054.8%
Total assets
8.63m NOK 9.31m NOK
+7.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 297.7k NOK to 3.87m NOK (+1201.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 89.5k NOK → 3.72m NOK (+4054.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +338.2k NOK → -2.57m NOK (op. margin 113.6% → -66.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 255.6k NOK profit to a loss of 2.54m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 8.09m NOK → 5.55m NOK (equity ratio 93.7% → 59.6%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad -279.0k NOK → 2.03m NOK (+828.7% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4.4 → 4. Reported fact