Org.nr 922 835 713 2024 → 2025 Year-over-year analysis

7 VIKINGS AS: årsregnskap 2025 vs 2024

Grew 32% on revenue, weaker earnings, cash halved-plus

approved 2026-06-29; registry 2026-07-22; journal 2026 616123

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 7 VIKINGS AS. Revenue 15.80m NOK → 20.85m NOK (+32.0%). Net result +4.79m NOK → +1.58m NOK. Equity 5.02m NOK → 2.60m NOK.

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

Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for 7 VIKINGS AS.

Scorecard

Revenue
15.80m NOK 20.85m NOK
+32.0%
Operating result
+99.8k NOK +1.80m NOK
+1704.7%
Net result
+4.79m NOK +1.58m NOK
-67.0%
Equity
5.02m NOK 2.60m NOK
-48.2%
Cash
12.98m NOK 3.74m NOK
-71.2%
Total assets
13.95m NOK 4.09m NOK
-70.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.80m NOK to 20.85m NOK (+32.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +99.8k NOK → +1.80m NOK (op. margin 0.6% → 8.6%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +4.79m NOK → +1.58m NOK (net margin 30.4% → 7.6%). Calculated

  • ↓

    Equity eroded

    Book equity 5.02m NOK → 2.60m NOK (equity ratio 36.0% → 63.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 12.98m NOK → 3.74m NOK (-71.2% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (12.98m NOK → 3.74m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 8.99m NOK → 17.95m NOK (+99.6% YoY). Calculated