Org.nr 989 186 647 2023 → 2024 Year-over-year analysis

ACO AS: årsregnskap 2024 vs 2023

Grew 7% on revenue, stronger earnings

approved 2025-05-12; registry 2025-05-14; journal 2025 431099

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ACO AS. Revenue 3.11m NOK → 3.34m NOK (+7.5%). Net result -1.35m NOK → -958.8k NOK. Equity 430.4k NOK → 173.6k 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 fell; book investments changed. All figures are taken from the published annual accounts for ACO AS.

Scorecard

Revenue
3.11m NOK 3.34m NOK
+7.5%
Operating result
-2.82m NOK -1.48m NOK
+47.4%
Net result
-1.35m NOK -958.8k NOK
+28.8%
Equity
430.4k NOK 173.6k NOK
-59.7%
Cash
4.67m NOK 3.52m NOK
-24.5%
Total assets
22.67m NOK 20.08m NOK
-11.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.11m NOK to 3.34m NOK (+7.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -2.82m NOK → -1.48m NOK (op. margin -90.6% → -44.3%). Calculated

  • ↑

    Net result improved

    Net result -1.35m NOK → -958.8k NOK (net margin -43.3% → -28.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 4.52m NOK → 5.22m NOK (+702.0k NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 430.4k NOK → 173.6k NOK (equity ratio 1.9% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.67m NOK → 3.52m NOK (-24.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 390.1k NOK → 43.2k NOK (-88.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 1.38m NOK. Reported fact