A. KVAM AS: årsregnskap 2025 vs 2024
Weaker earnings
approved 2026-05-20; registry 2026-08-05; journal 2026 693109
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for A. KVAM AS. Revenue 14.95m NOK → 14.59m NOK (-2.4%). Net result +786.5k NOK → +506.2k NOK. Equity 9.56m NOK → 10.07m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. KVAM AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 9.56m NOK → 10.07m NOK (equity ratio 85.6% → 83.2%). Calculated
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↑
Cash rose
Bank deposits 3.41m NOK → 4.47m NOK (+31.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 14.95m NOK to 14.59m NOK (-2.4% YoY). Calculated
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↓
Operating result weakened
Operating result +915.3k NOK → +589.1k NOK (op. margin 6.1% → 4.0%). Calculated
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↓
Net result weakened
Net result +786.5k NOK → +506.2k NOK (net margin 5.3% → 3.5%). Calculated
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↓
Payroll up without matching revenue
Salary cost 5.38m NOK → 5.64m NOK (36% → 39% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 5.11m NOK → 5.45m NOK (+6.6% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 101.8k NOK → 100.0k NOK. Reported fact