Org.nr 996 745 791 2024 → 2025 Year-over-year analysis

7WAVES AS: årsregnskap 2025 vs 2024

Weaker earnings

approved 2026-06-29; registry 2026-08-04; journal 2026 686940

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 7WAVES AS. Revenue 65.40m NOK → 64.92m NOK (-0.7%). Net result +7.85m NOK → +2.22m NOK. Equity 21.61m NOK → 23.83m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 7WAVES AS.

Scorecard

Revenue
65.40m NOK 64.92m NOK
-0.7%
Operating result
+10.07m NOK +2.69m NOK
-73.3%
Net result
+7.85m NOK +2.22m NOK
-71.8%
Equity
21.61m NOK 23.83m NOK
+10.3%
Cash
12.91m NOK 13.67m NOK
+5.8%
Total assets
41.99m NOK 44.73m NOK
+6.5%

What improved

  • ↑

    Equity strengthened

    Book equity 21.61m NOK → 23.83m NOK (equity ratio 51.5% → 53.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 12.91m NOK → 13.67m NOK (+5.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 65.40m NOK to 64.92m NOK (-0.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +10.07m NOK → +2.69m NOK (op. margin 15.4% → 4.1%). Calculated

  • ↓

    Net result weakened

    Net result +7.85m NOK → +2.22m NOK (net margin 12.0% → 3.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 42.53m NOK → 43.07m NOK (65% → 66% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 3.79m NOK → 4.17m NOK (+10.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.04m NOK → 288.8k NOK. Reported fact