A-PACKAGING AS: årsregnskap 2024 vs 2023
Shrank 26% on revenue, returned to profit
approved 2025-06-30; registry 2025-07-16; journal 2025 680773
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for A-PACKAGING AS. Revenue 2.00m NOK → 1.47m NOK (-26.4%). Net result -893.4k NOK → +309.5k NOK. Equity -319.7k NOK → -10.3k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A-PACKAGING AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -763.9k NOK → +439.5k NOK (op. margin -38.2% → 29.9%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 893.4k NOK to a profit of 309.5k NOK. Calculated
-
↑
Equity strengthened
Book equity -319.7k NOK → -10.3k NOK (equity ratio -33.3% → -4.6%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.91× → 1.18×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.00m NOK to 1.47m NOK (-26.4% YoY). Calculated
-
↓
Cash fell
Bank deposits -703.3k NOK → -710.1k NOK (-1.0% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 402.8k NOK → 3.35m NOK (20% → 228% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 1.26m NOK → 806.9k NOK (-36.0% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 2 → 3. Reported fact