Org.nr 928 470 679 2024 → 2025 Year-over-year analysis

90 GRADER AS: årsregnskap 2025 vs 2024

Shrank 38% on revenue, slipped into loss

approved 2026-05-29; registry 2026-07-25; journal 2026 630693

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 90 GRADER AS. Revenue 32.59m NOK → 20.27m NOK (-37.8%). Net result +241.3k NOK → -1.35m NOK. Equity 36.3k NOK → -312.7k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for 90 GRADER AS.

Scorecard

Revenue
32.59m NOK 20.27m NOK
-37.8%
Operating result
+450.2k NOK -1.27m NOK
-383.1%
Net result
+241.3k NOK -1.35m NOK
-659.1%
Equity
36.3k NOK -312.7k NOK
-961.9%
Cash
63.2k NOK 300.5k NOK
+375.8%
Total assets
8.04m NOK 4.56m NOK
-43.2%

What improved

  • ↑

    Cash rose

    Bank deposits 63.2k NOK → 300.5k NOK (+375.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 32.59m NOK to 20.27m NOK (-37.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +450.2k NOK → -1.27m NOK (op. margin 1.4% → -6.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 241.3k NOK profit to a loss of 1.35m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 36.3k NOK → -312.7k NOK (equity ratio 0.5% → -6.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -6.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 14.36m NOK → 7.90m NOK (-45.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 20.9k NOK → 0 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 19 → 15.04. Reported fact