Org.nr 947 454 838 2024 → 2025 Year-over-year analysis

A/S Hørtefossen: årsregnskap 2025 vs 2024

Weaker earnings

approved 2026-06-04; registry 2026-07-06; journal 2026 537432

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for A/S Hørtefossen. Revenue 10.40m NOK → 10.16m NOK (-2.3%). Net result +660.0k NOK → +428.3k NOK. Equity 12.20m NOK → 5.62m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S Hørtefossen.

Scorecard

Revenue
10.40m NOK 10.16m NOK
-2.3%
Operating result
+797.7k NOK +483.6k NOK
-39.4%
Net result
+660.0k NOK +428.3k NOK
-35.1%
Equity
12.20m NOK 5.62m NOK
-53.9%
Cash
1.52m NOK 1.26m NOK
-17.2%
Total assets
15.07m NOK 14.97m NOK
-0.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.40m NOK to 10.16m NOK (-2.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +797.7k NOK → +483.6k NOK (op. margin 7.7% → 4.8%). Calculated

  • ↓

    Net result weakened

    Net result +660.0k NOK → +428.3k NOK (net margin 6.3% → 4.2%). Calculated

  • ↓

    Equity eroded

    Book equity 12.20m NOK → 5.62m NOK (equity ratio 80.9% → 37.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.52m NOK → 1.26m NOK (-17.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.22m NOK → 3.03m NOK (-5.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 6.62m NOK → 7.39m NOK. Reported fact