PLAACE AS: årsregnskap 2024 vs 2023
Grew 187% on revenue, weaker earnings, cash halved-plus
approved 2025-07-04; registry 2025-07-07; journal 2025 646518
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for PLAACE AS. Revenue 5.02m NOK → 14.44m NOK (+187.4%). Net result -6.68m NOK → -10.86m NOK. Equity 12.01m NOK → 1.25m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: sharp cash drawdown; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for PLAACE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.02m NOK to 14.44m NOK (+187.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -6.77m NOK → -10.85m NOK (op. margin -134.8% → -75.1%). Calculated
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↓
Net result weakened
Net result -6.68m NOK → -10.86m NOK (net margin -133.1% → -75.2%). Calculated
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↓
Equity eroded
Book equity 12.01m NOK → 1.25m NOK (equity ratio 61.5% → 11.5%). Calculated
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↓
Cash fell
Bank deposits 11.85m NOK → 2.34m NOK (-80.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.76× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (11.85m NOK → 2.34m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 12.01m NOK → 1.67m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 5.82m NOK → 13.22m NOK (116% → 92% of revenue). Calculated
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COGS moved
COGS / varekostnad 4.25m NOK → 6.22m NOK (+46.3% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 14 → 15. Reported fact