ACFOTO AS: årsregnskap 2025 vs 2024
Grew 47% on revenue, slipped into loss, cash halved-plus
approved 2026-02-17; registry 2026-02-18; journal 2026 312709
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ACFOTO AS. Revenue 273.8k NOK → 402.1k NOK (+46.9%). Net result +114.0k NOK → -101.8k NOK. Equity 70.0k NOK → -31.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACFOTO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 273.8k NOK to 402.1k NOK (+46.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +114.0k NOK → -102.0k NOK (op. margin 41.7% → -25.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 114.0k NOK profit to a loss of 101.8k NOK. Calculated
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↓
Equity eroded
Book equity 70.0k NOK → -31.8k NOK (equity ratio 45.6% → -43.4%). Calculated
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↓
Cash fell
Bank deposits 123.3k NOK → 50.9k NOK (-58.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.48× → 0.51× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -43.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 0 NOK → 4.28m NOK (0% → 1065% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 0.5. Reported fact