AK MALERSERVICE AS: årsregnskap 2024 vs 2023
Shrank 7% on revenue, weaker earnings
approved 2025-01-16; registry 2025-01-25; journal 2025 302745
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AK MALERSERVICE AS. Revenue 4.02m NOK → 3.73m NOK (-7.1%). Net result +910.5k NOK → +655.0k NOK. Equity 744.0k NOK → 49.0k NOK.
On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AK MALERSERVICE AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +164.5k NOK → +842.6k NOK (op. margin 4.1% → 22.6%). Calculated
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Cash rose
Bank deposits 1.37m NOK → 2.05m NOK (+49.4% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 4.02m NOK to 3.73m NOK (-7.1% YoY). Calculated
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Net result weakened
Net result +910.5k NOK → +655.0k NOK (net margin 22.7% → 17.6%). Calculated
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↓
Equity eroded
Book equity 744.0k NOK → 49.0k NOK (equity ratio 42.3% → 2.3%). Calculated
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Payroll up without matching revenue
Salary cost 1.95m NOK → 2.13m NOK (49% → 57% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 458.8k NOK → 310.3k NOK (-32.4% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 1.43 → 2.14. Reported fact