TEKNA HOLDING ASA: årsregnskap 2024 vs 2023
Stronger earnings, cash halved-plus
approved 2025-05-08; registry 2025-08-06; journal 2025 655248
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for TEKNA HOLDING ASA. Revenue 41.88m NOK → 41.08m NOK (-1.9%). Net result +1.97m NOK → +2.93m NOK. Equity 170.9k NOK → 176.1k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for TEKNA HOLDING ASA.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -1.56m NOK → -1.35m NOK (op. margin -3.7% → -3.3%). Calculated
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Net result improved
Net result +1.97m NOK → +2.93m NOK (net margin 4.7% → 7.1%). Calculated
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Equity strengthened
Book equity 170.9k NOK → 176.1k NOK (equity ratio 98.6% → 98.7%). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 41.88m NOK to 41.08m NOK (-1.9% YoY). Calculated
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Cash fell
Bank deposits 1.42m NOK → 562.0k NOK (-60.4% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 7008.30× → 0.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 371 NOK → 277.0k NOK (0% → 1% of revenue). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.42m NOK → 562.0k 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 494.96m NOK → 497.3k NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 22.66m NOK → 21.16m NOK (-6.6% YoY). Calculated
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Book investments changed
Investment / intangible book value 171.6k NOK → 178.0k NOK. Reported fact