Org.nr 925 761 532 2023 → 2024 Year-over-year analysis

ACE AQUATEC AS: årsregnskap 2024 vs 2023

Another loss-making year

approved 2025-07-30; registry 2025-08-06; journal 2025 742036

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ACE AQUATEC AS. Revenue 812.5k NOK → 812.5k NOK (0.0%). Net result -1.11m NOK → -1.11m NOK. Equity -6.50m NOK → -7.61m NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: equity eroded; cash fell.

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

Scorecard

Revenue
812.5k NOK 812.5k NOK
0.0%
Operating result
-1.11m NOK -1.11m NOK
+0.3%
Net result
-1.11m NOK -1.11m NOK
+0.2%
Equity
-6.50m NOK -7.61m NOK
-17.0%
Cash
871.0k NOK 677.7k NOK
-22.2%
Total assets
871.0k NOK 703.0k NOK
-19.3%

What improved

  • ↑

    Operating result improved

    Operating result -1.11m NOK → -1.11m NOK (op. margin -136.5% → -136.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.93m NOK → -41.4k NOK (361% → -5% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -6.50m NOK → -7.61m NOK (equity ratio -746.7% → -1082.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 871.0k NOK → 677.7k NOK (-22.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1082.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 281.1k NOK → 268.5k NOK (-4.5% YoY). Calculated