FirmaIQ
Org.nr 984 648 820 2023 → 2024 Year-over-year analysis

NORDA ASA: årsregnskap 2024 vs 2023

Grew 328% on revenue, stronger earnings

approved 2025-05-06; registry 2025-05-27; journal 2025 433877

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for NORDA ASA. Revenue 86.92m NOK → 371.86m NOK (+327.8%). Net result +31.17m NOK → +125.95m NOK. Equity 6.31bn NOK → 6.30bn NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for NORDA ASA.

At a glance

Scorecard

Revenue
86.92m NOK 371.86m NOK
+327.8%
Operating result
+54.51m NOK +161.55m NOK
+196.4%
Net result
+31.17m NOK +125.95m NOK
+304.0%
Equity
6.31bn NOK 6.30bn NOK
-0.1%
Cash
1.04m NOK 759.8k NOK
-26.8%
Total assets
822.05m NOK 929.58m NOK
+13.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 86.92m NOK to 371.86m NOK (+327.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +54.51m NOK → +161.55m NOK (op. margin 62.7% → 43.4%). Calculated

  • ↑

    Net result improved

    Net result +31.17m NOK → +125.95m NOK (net margin 35.9% → 33.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.09m NOK → 1.08m NOK (1% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 6.31bn NOK → 6.30bn NOK (equity ratio 767.7% → 677.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.04m NOK → 759.8k NOK (-26.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 52.92m NOK → 8.12bn NOK. Reported fact