Org.nr 830 193 782 2023 → 2024 Year-over-year analysis

ACCESS WORLD TECHNIC AS: årsregnskap 2024 vs 2023

Shrank 44% on revenue, slipped into loss, fresh owner capital

approved 2025-02-27; registry 2025-03-10; journal 2025 327815

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ACCESS WORLD TECHNIC AS. Revenue 12.59m NOK → 7.06m NOK (-43.9%). Net result +316.7k NOK → -1.51m NOK. Equity 50.0k NOK → 50.0k NOK.

On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACCESS WORLD TECHNIC AS.

Scorecard

Revenue
12.59m NOK 7.06m NOK
-43.9%
Operating result
+684.7k NOK -1.92m NOK
-380.6%
Net result
+316.7k NOK -1.51m NOK
-577.2%
Equity
50.0k NOK 50.0k NOK
0.0%
Cash
8 946 NOK 239.1k NOK
+2572.6%
Total assets
73.5k NOK 4.50m NOK
+6026.4%

What improved

  • ↑

    Cash rose

    Bank deposits 8 946 NOK → 239.1k NOK (+2572.6% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 50.0k NOK → 1.56m NOK (+1.51m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.59m NOK to 7.06m NOK (-43.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +684.7k NOK → -1.92m NOK (op. margin 5.4% → -27.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 316.7k NOK profit to a loss of 1.51m NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.13× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 587.1k NOK → 3.89m NOK (+563.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 3. Reported fact