A-CIRCLE AS: årsregnskap 2024 vs 2023
Shrank 23% on revenue, slipped into loss
approved 2025-06-10; registry 2025-07-09; journal 2025 651004
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for A-CIRCLE AS. Revenue 7.51m NOK → 5.78m NOK (-23.1%). Net result +88.8k NOK → -432.8k NOK. Equity 585.8k NOK → 103.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for A-CIRCLE AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 4.86m NOK → 4.21m NOK (65% → 73% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.51m NOK to 5.78m NOK (-23.1% YoY). Calculated
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↓
Operating result weakened
Operating result +222.3k NOK → -223.6k NOK (op. margin 3.0% → -3.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 88.8k NOK profit to a loss of 432.8k NOK. Calculated
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↓
Equity eroded
Book equity 585.8k NOK → 103.0k NOK (equity ratio 15.7% → 4.3%). Calculated
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↓
Cash fell
Bank deposits 980.2k NOK → 514.8k NOK (-47.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 925.3k NOK → 309.8k NOK (-66.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 96.2k NOK → 1 NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 3 → 2. Reported fact