123 MULTISERVICE AS: årsregnskap 2025 vs 2024
Grew 90% on revenue, cash halved-plus
approved 2026-07-03; registry 2026-07-09; journal 2026 659627
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for 123 MULTISERVICE AS. Revenue 257.7k NOK → 490.1k NOK (+90.2%). Net result -940.1k NOK → -1.10m NOK. Equity -295.2k NOK → -1.40m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for 123 MULTISERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 257.7k NOK to 490.1k NOK (+90.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -940.1k NOK → -1.10m NOK (op. margin -364.8% → -224.5%). Calculated
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↓
Net result weakened
Net result -940.1k NOK → -1.10m NOK (net margin -364.8% → -224.5%). Calculated
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↓
Equity eroded
Book equity -295.2k NOK → -1.40m NOK (equity ratio -38.9% → -280.0%). Calculated
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↓
Cash fell
Bank deposits 169.8k NOK → 66.1k NOK (-61.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.91× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -280.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 300.4k NOK → 383.4k NOK (+27.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 53.6k NOK → 46.7k NOK. Reported fact