Org.nr 981 375 793 2024 → 2025 Year-over-year analysis

ACE GOLF AS: årsregnskap 2025 vs 2024

Grew 9% on revenue, stronger earnings

approved 2026-05-29; registry 2026-07-04; journal 2026 534661

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ACE GOLF AS. Revenue 9.95m NOK → 10.84m NOK (+9.0%). Net result +584.7k NOK → +937.5k NOK. Equity 1.29m NOK → 1.63m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACE GOLF AS.

Scorecard

Revenue
9.95m NOK 10.84m NOK
+9.0%
Operating result
+694.9k NOK +170.2k NOK
-75.5%
Net result
+584.7k NOK +937.5k NOK
+60.3%
Equity
1.29m NOK 1.63m NOK
+26.2%
Cash
355.5k NOK 1.64m NOK
+362.7%
Total assets
2.78m NOK 3.46m NOK
+24.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.95m NOK to 10.84m NOK (+9.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +584.7k NOK → +937.5k NOK (net margin 5.9% → 8.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.29m NOK → 1.63m NOK (equity ratio 46.3% → 47.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 355.5k NOK → 1.64m NOK (+362.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +694.9k NOK → +170.2k NOK (op. margin 7.0% → 1.6%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 4.96m NOK → 5.42m NOK (+9.3% YoY). Calculated