A.J. DESIGN AS: årsregnskap 2025 vs 2024
Shrank 100% on revenue, stronger earnings
approved 2026-05-22; registry 2026-05-27; journal 2026 473322
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for A.J. DESIGN AS. Revenue 2.27m NOK → 3 189 NOK (-99.9%). Net result -787.5k NOK → -90.0k NOK. Equity -1.16m NOK → -1.46m NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A.J. DESIGN AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -946.7k NOK → -42.5k NOK (op. margin -41.7% → -1331.3%). Calculated
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Net result improved
Net result -787.5k NOK → -90.0k NOK (net margin -34.7% → -2821.7%). Calculated
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Cash rose
Bank deposits 14.5k NOK → 247.1k NOK (+1605.2% YoY). Calculated
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Payroll decreased
Salary cost 2.50m NOK → 3 NOK (110% → 0% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.27m NOK to 3 189 NOK (-99.9% YoY). Calculated
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Equity eroded
Book equity -1.16m NOK → -1.46m NOK (equity ratio -183.6% → -307.4%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -307.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 113.5k NOK → 9 511 NOK (-91.6% YoY). Calculated