Org.nr 919 139 420 2024 → 2025 Year-over-year analysis

4SUBSEA ASTORI AS: årsregnskap 2025 vs 2024

Grew 182% on revenue, returned to profit, cash halved-plus

approved 2026-06-25; registry 2026-08-05; journal 2026 693196

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 4SUBSEA ASTORI AS. Revenue 9.36m NOK → 26.39m NOK (+181.8%). Net result -4.56m NOK → +1.74m NOK. Equity 9.80m NOK → 11.54m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 4SUBSEA ASTORI AS.

Scorecard

Revenue
9.36m NOK 26.39m NOK
+181.8%
Operating result
-6.15m NOK +2.24m NOK
+136.4%
Net result
-4.56m NOK +1.74m NOK
+138.0%
Equity
9.80m NOK 11.54m NOK
+17.7%
Cash
3.36m NOK 1.44m NOK
-57.2%
Total assets
18.52m NOK 23.65m NOK
+27.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.36m NOK to 26.39m NOK (+181.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -6.15m NOK → +2.24m NOK (op. margin -65.7% → 8.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 4.56m NOK to a profit of 1.74m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 9.80m NOK → 11.54m NOK (equity ratio 52.9% → 48.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 3.36m NOK → 1.44m NOK (-57.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 8.18m NOK → 8.38m NOK (87% → 32% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3.43m NOK → 9.19m NOK (+168.3% YoY). Calculated