AK SKOG AS: årsregnskap 2024 vs 2023
Grew 31% on revenue, stronger earnings, cash halved-plus
approved 2025-07-18; registry 2025-07-21; journal 2025 688954
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AK SKOG AS. Revenue 2.38m NOK → 3.12m NOK (+31.2%). Net result -93.9k NOK → -73.8k NOK. Equity 89.7k NOK → 16.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AK SKOG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.38m NOK to 3.12m NOK (+31.2% YoY). Calculated
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↑
Operating result improved
Operating result -71.0k NOK → -50.2k NOK (op. margin -3.0% → -1.6%). Calculated
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↑
Net result improved
Net result -93.9k NOK → -73.8k NOK (net margin -3.9% → -2.4%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 89.7k NOK → 16.0k NOK (equity ratio 5.1% → 1.0%). Calculated
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↓
Cash fell
Bank deposits 59.4k NOK → 24.6k NOK (-58.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.72m NOK → 1.87m NOK (72% → 60% of revenue). Calculated
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·
COGS moved
COGS / varekostnad -48.1k NOK → 322.1k NOK (+769.6% YoY). Calculated