Org.nr 977 037 093 2023 → 2024 Year-over-year analysis

TECHSTEP ASA: årsregnskap 2024 vs 2023

Shrank 47% on revenue, weaker earnings, cash halved-plus

approved 2025-04-29; registry 2025-08-06; journal 2025 644223

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for TECHSTEP ASA. Revenue 70.90m NOK → 37.66m NOK (-46.9%). Net result -10.07m NOK → -33.30m NOK. Equity 692.6k NOK → 691.41m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
70.90m NOK 37.66m NOK
-46.9%
Operating result
-4.50m NOK -28.18m NOK
-526.1%
Net result
-10.07m NOK -33.30m NOK
-230.6%
Equity
692.6k NOK 691.41m NOK
+99724.4%
Cash
520.0k NOK 555 NOK
-99.9%
Total assets
993.85m NOK 922.35m NOK
-7.2%

What improved

  • ↑

    Equity strengthened

    Book equity 692.6k NOK → 691.41m NOK (equity ratio 0.1% → 75.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 31.63m NOK → 34.41m NOK (+2.78m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 70.90m NOK to 37.66m NOK (-46.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -4.50m NOK → -28.18m NOK (op. margin -6.3% → -74.8%). Calculated

  • ↓

    Net result weakened

    Net result -10.07m NOK → -33.30m NOK (net margin -14.2% → -88.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 520.0k NOK → 555 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 826.35m NOK → 827.0k NOK. Reported fact