Org.nr 928 613 941 2023 → 2024 Year-over-year analysis

SCANA ASA: årsregnskap 2024 vs 2023

Weaker earnings

approved 2025-04-23; registry 2025-08-02; journal 2025 598373

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for SCANA ASA. Revenue 23.74m NOK → 24.91m NOK (+4.9%). Net result +13.11bn NOK → +12 NOK. Equity 13.78m NOK → 12.83m NOK.

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

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for SCANA ASA.

Scorecard

Revenue
23.74m NOK 24.91m NOK
+4.9%
Operating result
-28.36m NOK -33.23m NOK
-17.2%
Net result
+13.11bn NOK +12 NOK
-100.0%
Equity
13.78m NOK 12.83m NOK
-6.9%
Cash
36.2k NOK 7.28m NOK
+20000.0%
Total assets
1.17bn NOK 1.13bn NOK
-3.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 23.74m NOK to 24.91m NOK (+4.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 36.2k NOK → 7.28m NOK (+20000.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -28.36m NOK → -33.23m NOK (op. margin -119.5% → -133.4%). Calculated

  • ↓

    Net result weakened

    Net result +13.11bn NOK → +12 NOK (net margin 55205.1% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 13.78m NOK → 12.83m NOK (equity ratio 1.2% → 1.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 519.76m NOK → 569.7k NOK — check capital reduction, conversion, or reclassification. Interpretation