FirmaIQ
Org.nr 918 709 924 2023 → 2024 Year-over-year analysis

ADVANCED COST REDUCTION AS: årsregnskap 2024 vs 2023

Grew 84% on revenue, returned to profit

approved 2025-06-26; registry 2025-07-02; journal 2025 616379

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVANCED COST REDUCTION AS. Revenue 158.1k NOK → 290.5k NOK (+83.8%). Net result -65.0k NOK → +144.9k NOK. Equity -318.3k NOK → -173.4k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
158.1k NOK 290.5k NOK
+83.8%
Operating result
-41.9k NOK +167.0k NOK
+498.4%
Net result
-65.0k NOK +144.9k NOK
+322.8%
Equity
-318.3k NOK -173.4k NOK
+45.5%
Cash
18.7k NOK 290.7k NOK
+1455.1%
Total assets
382.4k NOK 618.0k NOK
+61.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 158.1k NOK to 290.5k NOK (+83.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -41.9k NOK → +167.0k NOK (op. margin -26.5% → 57.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 65.0k NOK to a profit of 144.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -318.3k NOK → -173.4k NOK (equity ratio -83.2% → -28.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 18.7k NOK → 290.7k NOK (+1455.1% YoY). Calculated