Org.nr 922 061 238 2024 → 2025 Year-over-year analysis

A. HESKESTAD AS: årsregnskap 2025 vs 2024

Grew 36% on revenue, weaker earnings, cash halved-plus

registry 2026-02-25; journal 2026 319002

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for A. HESKESTAD AS. Revenue 375.2k NOK → 511.2k NOK (+36.2%). Net result +125.9k NOK → +6 759 NOK. Equity -179.2k NOK → -172.5k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A. HESKESTAD AS.

Scorecard

Revenue
375.2k NOK 511.2k NOK
+36.2%
Operating result
+185.1k NOK +29.0k NOK
-84.3%
Net result
+125.9k NOK +6 759 NOK
-94.6%
Equity
-179.2k NOK -172.5k NOK
+3.8%
Cash
41.8k NOK 11.2k NOK
-73.2%
Total assets
242.6k NOK 288.9k NOK
+19.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 375.2k NOK to 511.2k NOK (+36.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -179.2k NOK → -172.5k NOK (equity ratio -73.9% → -59.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +185.1k NOK → +29.0k NOK (op. margin 49.3% → 5.7%). Calculated

  • ↓

    Net result weakened

    Net result +125.9k NOK → +6 759 NOK (net margin 33.5% → 1.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 41.8k NOK → 11.2k NOK (-73.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 90.2k NOK → 1.23m NOK (24% → 241% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 44.8k NOK → 62.7k NOK (+40.1% YoY). Calculated