79 DEGREES SOUTH AS: årsregnskap 2025 vs 2024
Shrank 66% on revenue, slipped into loss
approved 2026-07-29; registry 2026-08-01; journal 2026 734251
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for 79 DEGREES SOUTH AS. Revenue 428.4k NOK → 144.5k NOK (-66.3%). Net result +100.1k NOK → -123.9k NOK. Equity 319.8k NOK → 196.0k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 79 DEGREES SOUTH AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 164.6k NOK → 346.7k NOK (+110.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 428.4k NOK to 144.5k NOK (-66.3% YoY). Calculated
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↓
Operating result weakened
Operating result +100.1k NOK → -123.9k NOK (op. margin 23.4% → -85.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 100.1k NOK profit to a loss of 123.9k NOK. Calculated
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↓
Equity eroded
Book equity 319.8k NOK → 196.0k NOK (equity ratio 65.1% → 33.2%). Calculated
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↓
Payroll up without matching revenue
Salary cost 38.8k NOK → 3.82m NOK (9% → 2646% of revenue). Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact