OTEE AS: årsregnskap 2024 vs 2023
Shrank 79% on revenue, weaker earnings, fresh owner capital
approved 2025-07-23; registry 2025-07-26; journal 2025 706737
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for OTEE AS. Revenue 843.0k NOK → 176.7k NOK (-79.0%). Net result -1.10m NOK → -2.29m NOK. Equity 242.3k NOK → 12.29m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for OTEE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 242.3k NOK → 12.29m NOK (equity ratio 32.5% → 91.6%). Calculated
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↑
Cash rose
Bank deposits 296.6k NOK → 886.0k NOK (+198.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.87× → 97.55×. Calculated
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↑
Owners injected capital
Paid-in equity rose 1.34m NOK → 15.67m NOK (+14.33m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 843.0k NOK to 176.7k NOK (-79.0% YoY). Calculated
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↓
Operating result weakened
Operating result -1.40m NOK → -3.75m NOK (op. margin -166.6% → -2124.9%). Calculated
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↓
Net result weakened
Net result -1.10m NOK → -2.29m NOK (net margin -130.4% → -1294.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.20m NOK → 4.71m NOK (142% → 2666% of revenue). Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 3 → 0. Reported fact