Org.nr 932 570 556 2023 → 2024 Year-over-year analysis

NOVEM AS: årsregnskap 2024 vs 2023

Grew 2018% on revenue, weaker earnings, fresh owner capital

approved 2025-05-20; registry 2025-05-22; journal 2025 458233

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for NOVEM AS. Revenue 98.5k NOK → 2.09m NOK (+2018.2%). Net result -31.2k NOK → -1.97m NOK. Equity 1.70m NOK → 4.24m NOK.

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

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for NOVEM AS.

Scorecard

Revenue
98.5k NOK 2.09m NOK
+2018.2%
Operating result
-14.8k NOK -2.06m NOK
-13765.5%
Net result
-31.2k NOK -1.97m NOK
-6193.0%
Equity
1.70m NOK 4.24m NOK
+149.8%
Cash
1.00m NOK 4.42m NOK
+341.9%
Total assets
1.71m NOK 4.85m NOK
+183.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 98.5k NOK to 2.09m NOK (+2018.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.70m NOK → 4.24m NOK (equity ratio 99.2% → 87.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.00m NOK → 4.42m NOK (+341.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.73m NOK → 6.24m NOK (+4.51m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -14.8k NOK → -2.06m NOK (op. margin -15.1% → -98.6%). Calculated

  • ↓

    Net result weakened

    Net result -31.2k NOK → -1.97m NOK (net margin -31.7% → -94.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 0 NOK → 2.95m NOK (0% → 141% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 3.42. Reported fact