Org.nr 919 169 494 2024 → 2025 Year-over-year analysis

10MILESNORTH AS: årsregnskap 2025 vs 2024

Grew 78% on revenue, stronger earnings, cash halved-plus

approved 2026-04-14; registry 2026-07-21; journal 2026 701900

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 10MILESNORTH AS. Revenue 1.93m NOK → 3.44m NOK (+77.6%). Net result -463.7k NOK → -208.4k NOK. Equity 4.78m NOK → 4.57m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.93m NOK 3.44m NOK
+77.6%
Operating result
-351.4k NOK +69.4k NOK
+119.8%
Net result
-463.7k NOK -208.4k NOK
+55.1%
Equity
4.78m NOK 4.57m NOK
-4.4%
Cash
576.5k NOK -375.7k NOK
-165.2%
Total assets
10.83m NOK 10.72m NOK
-1.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.93m NOK to 3.44m NOK (+77.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -351.4k NOK → +69.4k NOK (op. margin -18.2% → 2.0%). Calculated

  • ↑

    Net result improved

    Net result -463.7k NOK → -208.4k NOK (net margin -24.0% → -6.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4.78m NOK → 4.57m NOK (equity ratio 44.1% → 42.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 576.5k NOK → -375.7k NOK (-165.2% YoY). Calculated