Org.nr 943 784 299 2024 → 2025 Year-over-year analysis

1891 HOLDING AS: årsregnskap 2025 vs 2024

Grew 26% on revenue, weaker earnings

approved 2026-02-19; registry 2026-04-11; journal 2026 343744

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 1891 HOLDING AS. Revenue 294.0k NOK → 369.5k NOK (+25.7%). Net result +7.08m NOK → +5.14m NOK. Equity 125.83m NOK → 5.13bn NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 1891 HOLDING AS.

Scorecard

Revenue
294.0k NOK 369.5k NOK
+25.7%
Operating result
-1.65m NOK -2.36m NOK
-43.4%
Net result
+7.08m NOK +5.14m NOK
-27.4%
Equity
125.83m NOK 5.13bn NOK
+3977.6%
Cash
10.19m NOK 6.92m NOK
-32.2%
Total assets
129.48m NOK 132.18m NOK
+2.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 294.0k NOK to 369.5k NOK (+25.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 125.83m NOK → 5.13bn NOK (equity ratio 97.2% → 3881.9%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -1.65m NOK → -2.36m NOK (op. margin -560.9% → -639.9%). Calculated

  • ↓

    Net result weakened

    Net result +7.08m NOK → +5.14m NOK (net margin 2408.1% → 1391.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 10.19m NOK → 6.92m NOK (-32.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10.67m NOK → 10.52m NOK. Reported fact