Org.nr 929 897 404 2023 → 2024 Year-over-year analysis

SOLVANG ASA: årsregnskap 2024 vs 2023

Weaker earnings

approved 2025-06-10; registry 2025-08-16; journal 2025 747490

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for SOLVANG ASA. Revenue 86.74m NOK → 89.49m NOK (+3.2%). Net result +469.66m NOK → +584.2k NOK. Equity 2.62bn NOK → 2.74bn NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for SOLVANG ASA.

Scorecard

Revenue
86.74m NOK 89.49m NOK
+3.2%
Operating result
-23.20m NOK -18.62m NOK
+19.8%
Net result
+469.66m NOK +584.2k NOK
-99.9%
Equity
2.62bn NOK 2.74bn NOK
+4.5%
Cash
602.7k NOK 361.51m NOK
+59877.0%
Total assets
6.04bn NOK 6.25bn NOK
+3.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 86.74m NOK to 89.49m NOK (+3.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -23.20m NOK → -18.62m NOK (op. margin -26.8% → -20.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.62bn NOK → 2.74bn NOK (equity ratio 43.4% → 43.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 602.7k NOK → 361.51m NOK (+59877.0% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +469.66m NOK → +584.2k NOK (net margin 541.5% → 0.7%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5.40bn NOK → 5.83bn NOK. Reported fact