Org.nr 829 406 292 2024 → 2025 Year-over-year analysis

ACEL POWERTECH AS: årsregnskap 2025 vs 2024

Grew 241% on revenue, cash halved-plus

approved 2026-05-07; registry 2026-07-08; journal 2026 554145

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ACEL POWERTECH AS. Revenue 112.2k NOK → 382.9k NOK (+241.2%). Net result -774.0k NOK → -707.7k NOK. Equity -1.83m NOK → -2.54m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ACEL POWERTECH AS.

Scorecard

Revenue
112.2k NOK 382.9k NOK
+241.2%
Operating result
-668.3k NOK -598.8k NOK
+10.4%
Net result
-774.0k NOK -707.7k NOK
+8.6%
Equity
-1.83m NOK -2.54m NOK
-38.7%
Cash
215.7k NOK 73.0k NOK
-66.2%
Total assets
1.57m NOK 1.30m NOK
-16.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 112.2k NOK to 382.9k NOK (+241.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -668.3k NOK → -598.8k NOK (op. margin -595.5% → -156.4%). Calculated

  • ↑

    Net result improved

    Net result -774.0k NOK → -707.7k NOK (net margin -689.7% → -184.8%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -1.83m NOK → -2.54m NOK (equity ratio -116.7% → -194.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 215.7k NOK → 73.0k NOK (-66.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -194.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 102.0k NOK → 348.1k NOK (+241.2% YoY). Calculated