ACE GOLF AS: årsregnskap 2024 vs 2023
Grew 5% on revenue, returned to profit
approved 2025-05-19; registry 2025-06-04; journal 2025 462996
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ACE GOLF AS. Revenue 9.43m NOK → 9.95m NOK (+5.4%). Net result -130.1k NOK → +584.7k NOK. Equity 1.31m NOK → 1.29m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACE GOLF AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.43m NOK to 9.95m NOK (+5.4% YoY). Calculated
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↑
Operating result improved
Operating result -102.6k NOK → +694.9k NOK (op. margin -1.1% → 7.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 130.1k NOK to a profit of 584.7k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.31m NOK → 1.29m NOK (equity ratio 64.1% → 46.3%). Calculated
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↓
Cash fell
Bank deposits 570.7k NOK → 355.5k NOK (-37.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.62m NOK → 2.64m NOK (28% → 27% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 5.74m NOK → 4.96m NOK (-13.7% YoY). Calculated