18 WARD AS: årsregnskap 2025 vs 2024
Grew 82% on revenue, returned to profit, fresh owner capital
approved 2026-05-26; registry 2026-08-08; journal 2026 750374
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for 18 WARD AS. Revenue 7 648 NOK → 13.9k NOK (+81.8%). Net result -4 789 NOK → +297.8k NOK. Equity 25.2k NOK → 323.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 18 WARD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 7 648 NOK to 13.9k NOK (+81.8% YoY). Calculated
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Operating result improved
Operating result -4 819 NOK → -2 237 NOK (op. margin -63.0% → -16.1%). Calculated
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Turned profitable
Net result flipped from a loss of 4 789 NOK to a profit of 297.8k NOK. Calculated
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Equity strengthened
Book equity 25.2k NOK → 323.0k NOK (equity ratio 44.2% → 83.9%). Calculated
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Current ratio back above 1×
Current ratio 0.85× → 5.25×. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 30.0k NOK → 60.0k NOK. Reported fact