Org.nr 921 117 736 2024 → 2025 Year-over-year analysis

A. ANDERSEN SHIPPING AS: årsregnskap 2025 vs 2024

Shrank 8% on revenue, weaker earnings, cash halved-plus

approved 2026-06-19; registry 2026-08-11; journal 2026 751813

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for A. ANDERSEN SHIPPING AS. Revenue 195.0k NOK → 180.0k NOK (-7.7%). Net result +82.9k NOK → +8 542 NOK. Equity 31.2k NOK → 39.8k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. ANDERSEN SHIPPING AS.

Scorecard

Revenue
195.0k NOK 180.0k NOK
-7.7%
Operating result
+83.0k NOK +8 410 NOK
-89.9%
Net result
+82.9k NOK +8 542 NOK
-89.7%
Equity
31.2k NOK 39.8k NOK
+27.4%
Cash
120.8k NOK 2 265 NOK
-98.1%
Total assets
178.9k NOK 424.2k NOK
+137.1%

What improved

  • ↑

    Equity strengthened

    Book equity 31.2k NOK → 39.8k NOK (equity ratio 17.4% → 9.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 195.0k NOK to 180.0k NOK (-7.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +83.0k NOK → +8 410 NOK (op. margin 42.6% → 4.7%). Calculated

  • ↓

    Net result weakened

    Net result +82.9k NOK → +8 542 NOK (net margin 42.5% → 4.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 120.8k NOK → 2 265 NOK (-98.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.06× → 0.46× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation