ACTIVE GOLF AS: årsregnskap 2024 vs 2023
Grew 22% on revenue, weaker earnings, cash halved-plus
approved 2025-03-19; registry 2025-03-24; journal 2025 343140
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ACTIVE GOLF AS. Revenue 4.33m NOK → 5.27m NOK (+21.8%). Net result +177.3k NOK → +100.1k NOK. Equity 4.21m NOK → 314.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTIVE GOLF AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.33m NOK to 5.27m NOK (+21.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +235.2k NOK → +134.3k NOK (op. margin 5.4% → 2.5%). Calculated
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↓
Net result weakened
Net result +177.3k NOK → +100.1k NOK (net margin 4.1% → 1.9%). Calculated
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↓
Equity eroded
Book equity 4.21m NOK → 314.3k NOK (equity ratio 1122.2% → 61.4%). Calculated
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↓
Cash fell
Bank deposits 146.6k NOK → 39.0k NOK (-73.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.58m NOK → 1.73m NOK (36% → 33% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.18m NOK → 3.11m NOK (+43.0% YoY). Calculated