Org.nr 998 036 011 2024 → 2025 Year-over-year analysis

4 HEALTH INNOVATION NORGE AS: årsregnskap 2025 vs 2024

Weaker earnings, cash halved-plus

approved 2026-06-12; registry 2026-06-16; journal 2026 547627

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 4 HEALTH INNOVATION NORGE AS. Net result -442.9k NOK → -2.01m NOK. Equity 687.9k NOK → -1.32m NOK.

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 4 HEALTH INNOVATION NORGE AS.

Scorecard

Operating result
-57.9k NOK -176.3k NOK
-204.6%
Net result
-442.9k NOK -2.01m NOK
-354.4%
Equity
687.9k NOK -1.32m NOK
-292.6%
Cash
1 255 NOK 114 NOK
-90.9%
Total assets
2.45m NOK 71.6k NOK
-97.1%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -57.9k NOK → -176.3k NOK. Calculated

  • ↓

    Net result weakened

    Net result -442.9k NOK → -2.01m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 687.9k NOK → -1.32m NOK (equity ratio 28.1% → -1850.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 1 255 NOK → 114 NOK (-90.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1850.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.13m NOK → 2 126 NOK. Reported fact