Org.nr 990 918 546 2023 → 2024 Year-over-year analysis

SCATEC ASA: årsregnskap 2024 vs 2023

Grew 22671% on revenue, stronger earnings, cash halved-plus

registry 2025-06-21; journal 2025 476423

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for SCATEC ASA. Revenue 6.27m NOK → 1.43bn NOK (+22671.5%). Net result -399.00m NOK → -52.00m NOK. Equity 10.30bn NOK → 11.39bn NOK.

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

Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for SCATEC ASA.

Scorecard

Revenue
6.27m NOK 1.43bn NOK
+22671.5%
Operating result
+169.00m NOK +105.00m NOK
-37.9%
Net result
-399.00m NOK -52.00m NOK
+87.0%
Equity
10.30bn NOK 11.39bn NOK
+10.6%
Cash
173.00m NOK 627.0k NOK
-99.6%
Total assets
21.07bn NOK 22.03bn NOK
+4.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.27m NOK to 1.43bn NOK (+22671.5% YoY). Calculated

  • ↑

    Net result improved

    Net result -399.00m NOK → -52.00m NOK (net margin -6362.6% → -3.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.30bn NOK → 11.39bn NOK (equity ratio 48.9% → 51.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 11.77bn NOK → 13.15bn NOK (+1.38bn NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 4.28m NOK → 4.21m NOK (68% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +169.00m NOK → +105.00m NOK (op. margin 2694.9% → 7.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 173.00m NOK → 627.0k NOK (-99.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (173.00m NOK → 627.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 5.57m NOK → 852.00m NOK (+15196.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 18.93bn NOK → 20.14bn NOK. Reported fact