Org.nr 897 414 562 2024 → 2025 Year-over-year analysis

2H ELEKTRO AS: årsregnskap 2025 vs 2024

Grew 18% on revenue, stronger earnings, cash halved-plus

approved 2026-06-30; registry 2026-07-01; journal 2026 622855

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 2H ELEKTRO AS. Revenue 2.63m NOK → 3.10m NOK (+17.6%). Net result +80.7k NOK → +123.5k NOK. Equity 471.9k NOK → 595.3k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2H ELEKTRO AS.

Scorecard

Revenue
2.63m NOK 3.10m NOK
+17.6%
Operating result
+103.6k NOK +158.2k NOK
+52.6%
Net result
+80.7k NOK +123.5k NOK
+53.0%
Equity
471.9k NOK 595.3k NOK
+26.2%
Cash
898.8k NOK 97.4k NOK
-89.2%
Total assets
977.2k NOK 368.3k NOK
-62.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.63m NOK to 3.10m NOK (+17.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +103.6k NOK → +158.2k NOK (op. margin 3.9% → 5.1%). Calculated

  • ↑

    Net result improved

    Net result +80.7k NOK → +123.5k NOK (net margin 3.1% → 4.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 471.9k NOK → 595.3k NOK (equity ratio 48.3% → 161.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 898.8k NOK → 97.4k NOK (-89.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.92× → 0.47× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.05m NOK → 1.15m NOK (+10.0% YoY). Calculated