Org.nr 929 544 617 2024 → 2025 Year-over-year analysis

A.R HOLDING AS: årsregnskap 2025 vs 2024

Weaker earnings, cash halved-plus

approved 2026-03-21; registry 2026-03-25; journal 2026 353270

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for A.R HOLDING AS. Net result +443.5k NOK → +5 NOK. Equity 8.58m NOK → 13.53m NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A.R HOLDING AS.

Scorecard

Operating result
-40.6k NOK -13.8k NOK
+66.1%
Net result
+443.5k NOK +5 NOK
-100.0%
Equity
8.58m NOK 13.53m NOK
+57.7%
Cash
8.59m NOK 432.3k NOK
-95.0%
Total assets
8.71m NOK 13.66m NOK
+56.9%

What improved

  • ↑

    Operating result improved

    Operating result -40.6k NOK → -13.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 8.58m NOK → 13.53m NOK (equity ratio 98.5% → 99.1%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +443.5k NOK → +5 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 8.59m NOK → 432.3k NOK (-95.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (8.59m NOK → 432.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation