ACEL INVEST AS: årsregnskap 2025 vs 2024
Grew 49% on revenue, weaker earnings
approved 2026-05-19; registry 2026-07-11; journal 2026 553749
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ACEL INVEST AS. Revenue 352.50m NOK → 523.66m NOK (+48.6%). Net result +16.55m NOK → +1.31m NOK. Equity 19.20m NOK → 18.79m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACEL INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 352.50m NOK to 523.66m NOK (+48.6% YoY). Calculated
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↑
Operating result improved
Operating result -814.9k NOK → -223.5k NOK (op. margin -0.2% → -0.0%). Calculated
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Cash rose
Bank deposits 329.1k NOK → 1.10m NOK (+235.1% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +16.55m NOK → +1.31m NOK (net margin 4.7% → 0.3%). Calculated
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↓
Equity eroded
Book equity 19.20m NOK → 18.79m NOK. Calculated
Things to notice
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·
Payroll increased
Salary cost 163.99m NOK → 4.19bn NOK (47% → 800% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 124.55m NOK → 3.26bn NOK (+2514.8% YoY). Calculated