NEL ASA: årsregnskap 2024 vs 2023
Grew 32% on revenue, weaker earnings
approved 2025-04-10; registry 2025-05-08; journal 2025 380106
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for NEL ASA. Revenue 79.77m NOK → 105.59m NOK (+32.4%). Net result -6.95m NOK → -710.57m NOK. Equity 7.62bn NOK → 5.85bn NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for NEL ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 79.77m NOK to 105.59m NOK (+32.4% YoY). Calculated
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↑
Operating result improved
Operating result -44.29m NOK → -39.51m NOK (op. margin -55.5% → -37.4%). Calculated
What deteriorated
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↓
Net result weakened
Net result -6.95m NOK → -710.57m NOK (net margin -8.7% → -673.0%). Calculated
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↓
Equity eroded
Book equity 7.62bn NOK → 5.85bn NOK (equity ratio 97.9% → 95.6%). Calculated
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↓
Cash fell
Bank deposits 3.20bn NOK → 1.83bn NOK (-42.9% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 9.06bn NOK → 8.00bn NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 67.54m NOK → 75.72m NOK (85% → 72% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 4.86m NOK → 4.50m NOK (-7.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 4.36bn NOK → 4.02bn NOK. Reported fact