Org.nr 927 647 850 2022 → 2023 Year-over-year analysis

ACDC GLOMFJORD AS: årsregnskap 2023 vs 2022

Grew 24207% on revenue, stronger earnings

approved 2025-06-29; registry 2025-07-01; journal 2025 604999

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ACDC GLOMFJORD AS. Revenue 4 114 NOK → 1.00m NOK (+24207.2%). Net result -1.42m NOK → -450.8k NOK. Equity -152.9k NOK → -603.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACDC GLOMFJORD AS.

Scorecard

Revenue
4 114 NOK 1.00m NOK
+24207.2%
Operating result
-1.42m NOK -450.8k NOK
+68.2%
Net result
-1.42m NOK -450.8k NOK
+68.2%
Equity
-152.9k NOK -603.7k NOK
-294.8%
Cash
285.5k NOK 371.2k NOK
+30.0%
Total assets
21.41m NOK 21.24m NOK
-0.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4 114 NOK to 1.00m NOK (+24207.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.42m NOK → -450.8k NOK (op. margin -34451.1% → -45.1%). Calculated

  • ↑

    Net result improved

    Net result -1.42m NOK → -450.8k NOK (net margin -34452.1% → -45.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 285.5k NOK → 371.2k NOK (+30.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -152.9k NOK → -603.7k NOK (equity ratio -0.7% → -2.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 538.22× → 0.57× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation