Org.nr 926 798 251 2024 → 2025 Year-over-year analysis

ACES! VINTAGE AS: årsregnskap 2025 vs 2024

Grew 217% on revenue, weaker earnings

approved 2026-03-02; registry 2026-03-26; journal 2026 354398

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ACES! VINTAGE AS. Revenue 526.5k NOK → 1.67m NOK (+217.1%). Net result +114.1k NOK → +19.4k NOK. Equity -34.7k NOK → -15.3k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACES! VINTAGE AS.

Scorecard

Revenue
526.5k NOK 1.67m NOK
+217.1%
Operating result
+117.9k NOK +22.5k NOK
-80.9%
Net result
+114.1k NOK +19.4k NOK
-83.0%
Equity
-34.7k NOK -15.3k NOK
+56.0%
Cash
75.0k NOK 74.0k NOK
-1.3%
Total assets
330.3k NOK 387.4k NOK
+17.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 526.5k NOK to 1.67m NOK (+217.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -34.7k NOK → -15.3k NOK (equity ratio -10.5% → -3.9%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +117.9k NOK → +22.5k NOK (op. margin 22.4% → 1.3%). Calculated

  • ↓

    Net result weakened

    Net result +114.1k NOK → +19.4k NOK (net margin 21.7% → 1.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 2.12m NOK (0% → 127% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 377.8k NOK → 532.6k NOK (+41.0% YoY). Calculated