Org.nr 919 503 106 2023 → 2024 Year-over-year analysis

ACPH AS: årsregnskap 2024 vs 2023

Shrank 82% on revenue, stronger earnings, cash halved-plus

approved 2025-06-30; registry 2025-07-12; journal 2025 665503

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ACPH AS. Revenue 174.3k NOK → 31.5k NOK (-81.9%). Net result -1.11m NOK → -873.6k NOK. Equity -2.40m NOK → -3.27m NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACPH AS.

Scorecard

Revenue
174.3k NOK 31.5k NOK
-81.9%
Operating result
-1.31m NOK -1.01m NOK
+22.5%
Net result
-1.11m NOK -873.6k NOK
+21.4%
Equity
-2.40m NOK -3.27m NOK
-36.5%
Cash
14.4k NOK 1 644 NOK
-88.6%
Total assets
4.09m NOK 4.94m NOK
+20.9%

What improved

  • ↑

    Operating result improved

    Operating result -1.31m NOK → -1.01m NOK (op. margin -751.6% → -3218.5%). Calculated

  • ↑

    Net result improved

    Net result -1.11m NOK → -873.6k NOK (net margin -637.9% → -2770.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 174.3k NOK to 31.5k NOK (-81.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -2.40m NOK → -3.27m NOK (equity ratio -58.6% → -66.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 14.4k NOK → 1 644 NOK (-88.6% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 73.4k NOK → 213.7k NOK (+191.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -66.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation