Org.nr 922 176 868 2024 → 2025 Year-over-year analysis

A: PROPERTY AS: årsregnskap 2025 vs 2024

Grew 33% on revenue, stronger earnings, cash halved-plus

approved 2026-06-29; registry 2026-07-02; journal 2026 628933

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for A: PROPERTY AS. Revenue 299.8k NOK → 398.2k NOK (+32.8%). Net result -619.3k NOK → -398.5k NOK. Equity -151.3k NOK → -549.7k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A: PROPERTY AS.

Scorecard

Revenue
299.8k NOK 398.2k NOK
+32.8%
Operating result
-362.0k NOK -90.2k NOK
+75.1%
Net result
-619.3k NOK -398.5k NOK
+35.7%
Equity
-151.3k NOK -549.7k NOK
-263.5%
Cash
8 623 NOK 1 784 NOK
-79.3%
Total assets
2.26m NOK 2.20m NOK
-2.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 299.8k NOK to 398.2k NOK (+32.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -362.0k NOK → -90.2k NOK (op. margin -120.8% → -22.7%). Calculated

  • ↑

    Net result improved

    Net result -619.3k NOK → -398.5k NOK (net margin -206.6% → -100.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -151.3k NOK → -549.7k NOK (equity ratio -6.7% → -25.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 8 623 NOK → 1 784 NOK (-79.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -25.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value -327.3k NOK → 329.9k NOK. Reported fact