Org.nr 996 819 000 2023 → 2024 Year-over-year analysis

VOW ASA: årsregnskap 2024 vs 2023

Grew 11% on revenue, weaker earnings

approved 2025-04-29; registry 2025-06-26; journal 2025 521487

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for VOW ASA. Revenue 918.5k NOK → 1.02m NOK (+10.8%). Net result -43.92m NOK → -111.00m NOK. Equity 561.62m NOK → 675.0k NOK.

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

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for VOW ASA.

Scorecard

Revenue
918.5k NOK 1.02m NOK
+10.8%
Operating result
-29.45m NOK -13.00m NOK
+55.9%
Net result
-43.92m NOK -111.00m NOK
-152.7%
Equity
561.62m NOK 675.0k NOK
-99.9%
Cash
1.13m NOK 16.00m NOK
+1315.9%
Total assets
951.0k NOK 959.0k NOK
+0.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 918.5k NOK to 1.02m NOK (+10.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -29.45m NOK → -13.00m NOK (op. margin -3206.5% → -1277.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.13m NOK → 16.00m NOK (+1315.9% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -43.92m NOK → -111.00m NOK (net margin -4782.1% → -10903.7%). Calculated

  • ↓

    Equity eroded

    Book equity 561.62m NOK → 675.0k NOK (equity ratio 59058.2% → 70.4%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 609.15m NOK → 833.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 686.00m NOK → 16.72m NOK (-97.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 947.8k NOK → 942.00m NOK. Reported fact