Org.nr 929 736 435 2023 → 2024 Year-over-year analysis

AC SERVICE AS: årsregnskap 2024 vs 2023

Shrank 100% on revenue, weaker earnings, cash halved-plus

approved 2025-05-28; registry 2025-06-03; journal 2025 508779

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AC SERVICE AS. Revenue 868.5k NOK → 364 NOK (-100.0%). Net result -308.6k NOK → -422.8k NOK. Equity -312.5k NOK → -716.6k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AC SERVICE AS.

Scorecard

Revenue
868.5k NOK 364 NOK
-100.0%
Operating result
-307.4k NOK -429.1k NOK
-39.6%
Net result
-308.6k NOK -422.8k NOK
-37.0%
Equity
-312.5k NOK -716.6k NOK
-129.3%
Cash
71.1k NOK 29.9k NOK
-57.9%
Total assets
748.8k NOK 500.9k NOK
-33.1%

What improved

  • ↑

    Payroll decreased

    Salary cost 3.20m NOK → 2 NOK (368% → 1% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 868.5k NOK to 364 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -307.4k NOK → -429.1k NOK (op. margin -35.4% → -117894.8%). Calculated

  • ↓

    Net result weakened

    Net result -308.6k NOK → -422.8k NOK (net margin -35.5% → -116151.1%). Calculated

  • ↓

    Equity eroded

    Book equity -312.5k NOK → -716.6k NOK (equity ratio -41.7% → -143.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 71.1k NOK → 29.9k NOK (-57.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -143.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 610.5k NOK → 207.7k NOK (-66.0% YoY). Calculated