Org.nr 921 964 773 2024 → 2025 Year-over-year analysis

1940 HOLDING AS: årsregnskap 2025 vs 2024

Weaker earnings

approved 2026-06-30; registry 2026-07-29; journal 2026 655952

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 1940 HOLDING AS. Net result +576.3k NOK → +4 852 NOK. Equity 3.13m NOK → 879.9k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 1940 HOLDING AS.

Scorecard

Operating result
-58.9k NOK -243.3k NOK
-313.1%
Net result
+576.3k NOK +4 852 NOK
-99.2%
Equity
3.13m NOK 879.9k NOK
-71.9%
Cash
7 709 NOK 18.4k NOK
+138.2%
Total assets
7.29m NOK 10.27m NOK
+40.9%

What improved

  • ↑

    Cash rose

    Bank deposits 7 709 NOK → 18.4k NOK (+138.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -58.9k NOK → -243.3k NOK. Calculated

  • ↓

    Net result weakened

    Net result +576.3k NOK → +4 852 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.13m NOK → 879.9k NOK (equity ratio 43.0% → 8.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 50.6k NOK → 5.07m NOK. Reported fact