A.R.K. BYGG SYSTEM AS: årsregnskap 2024 vs 2023
Grew 17% on revenue, slipped into loss, cash halved-plus
approved 2025-07-04; registry 2025-08-02; journal 2025 727775
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for A.R.K. BYGG SYSTEM AS. Revenue 5.88m NOK → 6.89m NOK (+17.2%). Net result +474.1k NOK → -1.12m NOK. Equity 504.1k NOK → -618.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for A.R.K. BYGG SYSTEM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 5.88m NOK to 6.89m NOK (+17.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +630.9k NOK → -1.08m NOK (op. margin 10.7% → -15.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 474.1k NOK profit to a loss of 1.12m NOK. Calculated
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↓
Equity eroded
Book equity 504.1k NOK → -618.6k NOK (equity ratio 19.8% → -56.5%). Calculated
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↓
Cash fell
Bank deposits 1.16m NOK → 81.3k NOK (-93.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.19× → 0.54× — 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 -56.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.16m NOK → 81.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 4.60m NOK → 6.25m NOK (78% → 91% of revenue). Calculated
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COGS moved
COGS / varekostnad 0 NOK → 87.4k NOK (None YoY). Calculated
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Book investments changed
Investment / intangible book value 57.2k NOK → 41.9k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 9 → 0. Reported fact