AB5 KUNSTSKOLE AS: årsregnskap 2024 vs 2023
Grew 108970% on revenue, slipped into loss, cash halved-plus
approved 2025-07-29; registry 2025-07-31; journal 2025 721987
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AB5 KUNSTSKOLE AS. Revenue 1 935 NOK → 2.11m NOK (+108970.1%). Net result +359.8k NOK → -419.3k NOK. Equity 389.8k NOK → -29.4k 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; payroll increased; cogs moved. All figures are taken from the published annual accounts for AB5 KUNSTSKOLE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 935 NOK to 2.11m NOK (+108970.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +463.2k NOK → -415.0k NOK (op. margin 23936.1% → -19.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 359.8k NOK profit to a loss of 419.3k NOK. Calculated
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↓
Equity eroded
Book equity 389.8k NOK → -29.4k NOK (equity ratio 48.4% → -9.9%). Calculated
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↓
Cash fell
Bank deposits 119.1k NOK → -286.5k NOK (-340.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.90× → 0.86× — 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 -9.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 375.0k NOK → 929.1k NOK (19381% → 44% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 45.0k NOK → 139.3k NOK (+209.5% YoY). Calculated