A/S Norske Shell: årsregnskap 2025 vs 2024
Cash halved-plus
approved 2026-04-23; registry 2026-06-23; journal 2026 469290
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for A/S Norske Shell. Revenue 26.01bn NOK → 25.25bn NOK (-2.9%). Net result +5.43bn NOK → +4.97bn NOK. Equity 1.16bn NOK → 1.14bn NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A/S Norske Shell.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 26.01bn NOK to 25.25bn NOK (-2.9% YoY). Calculated
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↓
Operating result weakened
Operating result +20.65bn NOK → +20.51bn NOK (op. margin 79.4% → 81.2%). Calculated
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↓
Net result weakened
Net result +5.43bn NOK → +4.97bn NOK (net margin 20.9% → 19.7%). Calculated
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↓
Equity eroded
Book equity 1.16bn NOK → 1.14bn NOK (equity ratio 3.8% → 4.2%). Calculated
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↓
Cash fell
Bank deposits 120.00m NOK → 139.0k NOK (-99.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (120.00m NOK → 139.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 1.34bn NOK → 1.31bn NOK. Reported fact