10XNORTH AS: årsregnskap 2025 vs 2024
Grew 27% on revenue, cash halved-plus
approved 2026-05-31; registry 2026-08-03; journal 2026 743625
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for 10XNORTH AS. Revenue 6.10m NOK → 7.75m NOK (+27.1%). Net result -354.8k NOK → -335.5k NOK. Equity 717.9k NOK → 382.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 10XNORTH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.10m NOK to 7.75m NOK (+27.1% YoY). Calculated
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↑
Operating result improved
Operating result -299.3k NOK → -235.5k NOK (op. margin -4.9% → -3.0%). Calculated
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↑
Net result improved
Net result -354.8k NOK → -335.5k NOK (net margin -5.8% → -4.3%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 717.9k NOK → 382.4k NOK (equity ratio 23.7% → 17.5%). Calculated
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↓
Cash fell
Bank deposits 135.2k NOK → 48.6k NOK (-64.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.16m NOK → 2.49m NOK (-21.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → -28.1k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 2 → 2.5. Reported fact