Org.nr 930 579 904 2024 → 2025 Year-over-year analysis

2HENDER AS: årsregnskap 2025 vs 2024

Shrank 16% on revenue, returned to profit

approved 2026-03-31; registry 2026-04-04; journal 2026 363952

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 2HENDER AS. Revenue 1.04m NOK → 878.9k NOK (-15.6%). Net result -394.3k NOK → +72.4k NOK. Equity -370.4k NOK → -298.0k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cogs moved.

Also worth watching: thin equity buffer; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 2HENDER AS.

Scorecard

Revenue
1.04m NOK 878.9k NOK
-15.6%
Operating result
-373.8k NOK +26.3k NOK
+107.0%
Net result
-394.3k NOK +72.4k NOK
+118.4%
Equity
-370.4k NOK -298.0k NOK
+19.6%
Cash
0 NOK 0 NOK
0.0%
Total assets
207.9k NOK 112.3k NOK
-46.0%

What improved

  • ↑

    Operating result improved

    Operating result -373.8k NOK → +26.3k NOK (op. margin -35.9% → 3.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 394.3k NOK to a profit of 72.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -370.4k NOK → -298.0k NOK (equity ratio -178.2% → -265.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 10.44bn NOK → 4 NOK (1002511% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.04m NOK to 878.9k NOK (-15.6% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 324.6k NOK → 614.4k NOK (+89.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -265.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 98.3k NOK → 13.7k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2.25 → 0.34. Reported fact