Org.nr 992 718 196 2023 → 2024 Year-over-year analysis

NORBIT ASA: årsregnskap 2024 vs 2023

Grew 10% on revenue, fresh owner capital

approved 2025-05-06; registry 2025-08-18; journal 2025 743139

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for NORBIT ASA. Revenue 29.00m NOK → 32.00m NOK (+10.3%). Net result +202.00m NOK → +199.00m NOK. Equity 624.0k NOK → 905.0k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; current ratio dropped below 1×.

Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for NORBIT ASA.

Scorecard

Revenue
29.00m NOK 32.00m NOK
+10.3%
Operating result
-53.00m NOK -66.00m NOK
-24.5%
Net result
+202.00m NOK +199.00m NOK
-1.5%
Equity
624.0k NOK 905.0k NOK
+45.0%
Cash
1.00m NOK 2.00m NOK
+100.0%
Total assets
1.01m NOK 1.19bn NOK
+116862.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 29.00m NOK to 32.00m NOK (+10.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 624.0k NOK → 905.0k NOK (equity ratio 61.5% → 0.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.00m NOK → 2.00m NOK (+100.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 374.0k NOK → 652.0k NOK (+278.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -53.00m NOK → -66.00m NOK (op. margin -182.8% → -206.2%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.68× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 57.00m NOK → 64.00m NOK (197% → 200% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 15.62m NOK → 705.0k NOK (-95.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 6 NOK → 12.00m NOK. Reported fact