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Org.nr 914 483 549 2023 → 2024 Year-over-year analysis

NORSKE SKOG ASA: årsregnskap 2024 vs 2023

Shrank 22% on revenue, slipped into loss, cash halved-plus

approved 2025-04-10; registry 2025-08-20; journal 2025 749215

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for NORSKE SKOG ASA. Revenue 116.00m NOK → 90.00m NOK (-22.4%). Net result +851.0k NOK → -432.00m NOK. Equity 4.49bn NOK → 4.06bn NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.

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

At a glance

Scorecard

Revenue
116.00m NOK 90.00m NOK
-22.4%
Operating result
-77.00m NOK -60.00m NOK
+22.1%
Net result
+851.0k NOK -432.00m NOK
-50863.8%
Equity
4.49bn NOK 4.06bn NOK
-9.6%
Cash
1.64bn NOK 812.00m NOK
-50.5%
Total assets
8.04bn NOK 6.43bn NOK
-20.0%

What improved

  • ↑

    Operating result improved

    Operating result -77.00m NOK → -60.00m NOK (op. margin -66.4% → -66.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 97.00m NOK → 70.00m NOK (84% → 78% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 116.00m NOK to 90.00m NOK (-22.4% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 851.0k NOK profit to a loss of 432.00m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.49bn NOK → 4.06bn NOK (equity ratio 55.9% → 63.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.64bn NOK → 812.00m NOK (-50.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5.25bn NOK → 4.67bn NOK. Reported fact