Org.nr 989 186 647 2024 → 2025 Year-over-year analysis

ACO AS: årsregnskap 2025 vs 2024

Stronger earnings

approved 2026-05-20; registry 2026-05-23; journal 2026 466068

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ACO AS. Revenue 3.34m NOK → 3.40m NOK (+1.8%). Net result -958.8k NOK → -685.1k NOK. Equity 173.6k NOK → 10 NOK.

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

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
3.34m NOK 3.40m NOK
+1.8%
Operating result
-1.48m NOK -1.35m NOK
+8.9%
Net result
-958.8k NOK -685.1k NOK
+28.5%
Equity
173.6k NOK 10 NOK
-100.0%
Cash
3.52m NOK 11.09m NOK
+214.9%
Total assets
20.08m NOK 27.63m NOK
+37.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.34m NOK to 3.40m NOK (+1.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.48m NOK → -1.35m NOK (op. margin -44.3% → -39.7%). Calculated

  • ↑

    Net result improved

    Net result -958.8k NOK → -685.1k NOK (net margin -28.7% → -20.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.52m NOK → 11.09m NOK (+214.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 173.6k NOK → 10 NOK (equity ratio 0.9% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 43.2k NOK → 0 NOK (-100.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.38m NOK → 2.12m NOK. Reported fact