ACE GROUP AS: årsregnskap 2024 vs 2023
Returned to profit
approved 2025-05-08; registry 2025-05-12; journal 2025 423054
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ACE GROUP AS. Revenue 4.68m NOK → 4.47m NOK (-4.4%). Net result -425.9k NOK → +431.9k NOK. Equity 409.3k NOK → 841.2k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACE GROUP AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -289.1k NOK → +522.3k NOK (op. margin -6.2% → 11.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 425.9k NOK to a profit of 431.9k NOK. Calculated
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Equity strengthened
Book equity 409.3k NOK → 841.2k NOK (equity ratio 14.7% → 28.6%). Calculated
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Payroll decreased
Salary cost 2.75m NOK → 2.53m NOK (59% → 57% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.68m NOK to 4.47m NOK (-4.4% YoY). Calculated
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Cash fell
Bank deposits 1.40m NOK → 975.9k NOK (-30.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.43× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 742.1k NOK → 2 841 NOK (-99.6% YoY). Calculated