ACEX AI AS: årsregnskap 2025 vs 2024
Shrank 64% on revenue, stronger earnings
approved 2026-05-11; registry 2026-05-18; journal 2026 449596
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ACEX AI AS. Revenue 452.1k NOK → 164.0k NOK (-63.7%). Net result +19.1k NOK → +44.3k NOK. Equity 69.1k NOK → 113.4k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +28.6k NOK → +57.3k NOK (op. margin 6.3% → 35.0%). Calculated
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Net result improved
Net result +19.1k NOK → +44.3k NOK (net margin 4.2% → 27.0%). Calculated
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Equity strengthened
Book equity 69.1k NOK → 113.4k NOK (equity ratio 59.7% → 32.0%). Calculated
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Cash rose
Bank deposits 82.3k NOK → 285.9k NOK (+247.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 452.1k NOK to 164.0k NOK (-63.7% YoY). Calculated
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Payroll up without matching revenue
Salary cost 2.17m NOK → 3.53m NOK (481% → 2155% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 33.8k NOK → 50.0k NOK (+48.1% YoY). Calculated