NORMARK IO AS: årsregnskap 2024 vs 2023
Shrank 49% on revenue, returned to profit
registry 2025-06-23; journal 2025 564645
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for NORMARK IO AS. Revenue 904.7k NOK → 464.7k NOK (-48.6%). Net result -22.6k NOK → +262.5k NOK. Equity 591.0k NOK → 853.5k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for NORMARK IO AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -8 082 NOK → +307.1k NOK (op. margin -0.9% → 66.1%). Calculated
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Turned profitable
Net result flipped from a loss of 22.6k NOK to a profit of 262.5k NOK. Calculated
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Equity strengthened
Book equity 591.0k NOK → 853.5k NOK (equity ratio 49.2% → 56.4%). Calculated
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Cash rose
Bank deposits 135.1k NOK → 630.9k NOK (+367.0% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.87× → 1.44×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 904.7k NOK to 464.7k NOK (-48.6% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 870.9k NOK → 998.7k NOK (96% → 215% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 672.8k NOK → 723.0k NOK. Reported fact