Org.nr 930 357 421 2023 → 2024 Year-over-year analysis

(NYE) ELNESFISK AS: årsregnskap 2024 vs 2023

Grew 24% on revenue, stronger earnings, cash halved-plus

approved 2025-06-26; registry 2025-06-30; journal 2025 594701

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for (NYE) ELNESFISK AS. Revenue 3.26m NOK → 4.02m NOK (+23.6%). Net result -817.7k NOK → -592.1k NOK. Equity 2.75m NOK → 1.06m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: paid-in equity reduced; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for (NYE) ELNESFISK AS.

Scorecard

Revenue
3.26m NOK 4.02m NOK
+23.6%
Operating result
-1.21m NOK -494.7k NOK
+59.0%
Net result
-817.7k NOK -592.1k NOK
+27.6%
Equity
2.75m NOK 1.06m NOK
-61.3%
Cash
465.8k NOK 3 970 NOK
-99.1%
Total assets
6.34m NOK 5.20m NOK
-18.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.26m NOK to 4.02m NOK (+23.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.21m NOK → -494.7k NOK (op. margin -37.1% → -12.3%). Calculated

  • ↑

    Net result improved

    Net result -817.7k NOK → -592.1k NOK (net margin -25.1% → -14.7%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.75m NOK → 1.06m NOK (equity ratio 43.4% → 20.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 465.8k NOK → 3 970 NOK (-99.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.14× → 0.33× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 3.57m NOK → 1.06m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 13.8k NOK (None YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 3. Reported fact