A FINSTAD CAD AS: årsregnskap 2025 vs 2024
Grew 6% on revenue
approved 2026-05-20; registry 2026-07-28; journal 2026 721301
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for A FINSTAD CAD AS. Revenue 1.26m NOK → 1.34m NOK (+6.3%). Net result -58.6k NOK → -51.4k NOK. Equity 37.2k NOK → -14.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for A FINSTAD CAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.26m NOK to 1.34m NOK (+6.3% YoY). Calculated
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↑
Operating result improved
Operating result -74.8k NOK → -65.9k NOK (op. margin -5.9% → -4.9%). Calculated
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↑
Net result improved
Net result -58.6k NOK → -51.4k NOK (net margin -4.6% → -3.8%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 37.2k NOK → -14.1k NOK (equity ratio 5.9% → -3.4%). Calculated
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↓
Cash fell
Bank deposits 345.7k NOK → 233.5k NOK (-32.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.03× → 0.89× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.08m NOK → 1.10m NOK (86% → 82% of revenue). Calculated