Org.nr 914 778 271 2023 → 2024 Year-over-year analysis

Norsk Hydro ASA: årsregnskap 2024 vs 2023

Shrank 46% on revenue, cash halved-plus

approved 2025-05-09; registry 2025-08-02; journal 2025 585154

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for Norsk Hydro ASA. Revenue 165.00m NOK → 89.00m NOK (-46.1%). Net result +15.06bn NOK → +12.79bn NOK. Equity 48.33bn NOK → 55.09bn NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for Norsk Hydro ASA.

Scorecard

Revenue
165.00m NOK 89.00m NOK
-46.1%
Operating result
-684.00m NOK -907.00m NOK
-32.6%
Net result
+15.06bn NOK +12.79bn NOK
-15.1%
Equity
48.33bn NOK 55.09bn NOK
+14.0%
Cash
19.34bn NOK 9.45bn NOK
-51.1%
Total assets
107.25m NOK n/m
—

What improved

  • ↑

    Equity strengthened

    Book equity 48.33bn NOK → 55.09bn NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 165.00m NOK to 89.00m NOK (-46.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -684.00m NOK → -907.00m NOK (op. margin -414.5% → -1019.1%). Calculated

  • ↓

    Net result weakened

    Net result +15.06bn NOK → +12.79bn NOK (net margin 9129.7% → 14373.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 19.34bn NOK → 9.45bn NOK (-51.1% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 31.49bn NOK → 31.49bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 79.05bn NOK → 79.65bn NOK. Reported fact