NORWEGIAN PROPERTY ASA: årsregnskap 2024 vs 2023
Grew 8% on revenue, weaker earnings
approved 2025-04-25; registry 2025-06-16; journal 2025 517878
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for NORWEGIAN PROPERTY ASA. Revenue 62.20m NOK → 66.90m NOK (+7.6%). Net result -6.20m NOK → -28.40m NOK. Equity 3.01bn NOK → 3.13bn NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for NORWEGIAN PROPERTY ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 62.20m NOK to 66.90m NOK (+7.6% YoY). Calculated
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↑
Equity strengthened
Book equity 3.01bn NOK → 3.13bn NOK (equity ratio 17.4% → 17.7%). Calculated
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↑
Cash rose
Bank deposits 232.4k NOK → 354.1k NOK (+52.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -71.10m NOK → -71.30m NOK (op. margin -114.3% → -106.6%). Calculated
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↓
Net result weakened
Net result -6.20m NOK → -28.40m NOK (net margin -10.0% → -42.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 99.10m NOK → 4.10bn NOK (159% → 6131% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 3.34bn NOK → 4.96bn NOK. Reported fact