NORDIC FINANCIALS ASA: årsregnskap 2024 vs 2023
Weaker earnings, cash halved-plus
approved 2025-05-28; registry 2025-08-20; journal 2025 749458
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for NORDIC FINANCIALS ASA. Revenue 0 NOK → 0 NOK (0.0%). Net result -3.30m NOK → -29.01m NOK. Equity 88.78m NOK → 285.8k NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for NORDIC FINANCIALS ASA.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -7.45m NOK → -22.80m NOK. Calculated
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↓
Net result weakened
Net result -3.30m NOK → -29.01m NOK. Calculated
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↓
Equity eroded
Book equity 88.78m NOK → 285.8k NOK (equity ratio 73.6% → 5.1%). Calculated
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↓
Cash fell
Bank deposits 3.04m NOK → 655.8k NOK (-78.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Sharp cash drawdown
Cash fell by more than 60% YoY (3.04m NOK → 655.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 122.11m NOK → 50.73m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 1.08m NOK → 0 NOK. Reported fact