Org.nr 989 890 832 2024 → 2025 Year-over-year analysis

99X SOLUTIONS AS: årsregnskap 2025 vs 2024

Weaker earnings, cash halved-plus

approved 2026-06-05; registry 2026-07-14; journal 2026 580082

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 99X SOLUTIONS AS. Revenue 57.48m NOK → 55.73m NOK (-3.0%). Net result +5.57m NOK → +4.13m NOK. Equity 10.79m NOK → 11.09m NOK.

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

Also worth watching: sharp cash drawdown; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 99X SOLUTIONS AS.

Scorecard

Revenue
57.48m NOK 55.73m NOK
-3.0%
Operating result
+6.93m NOK +4.28m NOK
-38.3%
Net result
+5.57m NOK +4.13m NOK
-25.9%
Equity
10.79m NOK 11.09m NOK
+2.8%
Cash
2.86m NOK 908.0k NOK
-68.3%
Total assets
28.14m NOK 25.85m NOK
-8.2%

What improved

  • ↑

    Equity strengthened

    Book equity 10.79m NOK → 11.09m NOK (equity ratio 38.3% → 42.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 57.48m NOK to 55.73m NOK (-3.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.93m NOK → +4.28m NOK (op. margin 12.1% → 7.7%). Calculated

  • ↓

    Net result weakened

    Net result +5.57m NOK → +4.13m NOK (net margin 9.7% → 7.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.86m NOK → 908.0k NOK (-68.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 18.61m NOK → 22.82m NOK (32% → 41% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.86m NOK → 908.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 16.50m NOK → 16.15m NOK (-2.1% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 14.6 → 16. Reported fact