Org.nr 929 538 137 2024 → 2025 Year-over-year analysis

A-SG AS: årsregnskap 2025 vs 2024

Grew 31% on revenue, stronger earnings, cash halved-plus

approved 2026-06-30; registry 2026-07-01; journal 2026 619619

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for A-SG AS. Revenue 394.0k NOK → 516.7k NOK (+31.1%). Net result -1.22m NOK → -30.3k NOK. Equity -2.96m NOK → -2.99m 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-SG AS.

Scorecard

Revenue
394.0k NOK 516.7k NOK
+31.1%
Operating result
-747.8k NOK +365.6k NOK
+148.9%
Net result
-1.22m NOK -30.3k NOK
+97.5%
Equity
-2.96m NOK -2.99m NOK
-1.0%
Cash
32.6k NOK 3 265 NOK
-90.0%
Total assets
8.58m NOK 8.55m NOK
-0.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 394.0k NOK to 516.7k NOK (+31.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -747.8k NOK → +365.6k NOK (op. margin -189.8% → 70.8%). Calculated

  • ↑

    Net result improved

    Net result -1.22m NOK → -30.3k NOK (net margin -308.8% → -5.9%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -2.96m NOK → -2.99m NOK (equity ratio -34.5% → -34.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 32.6k NOK → 3 265 NOK (-90.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -34.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 341.1k NOK → 347 NOK. Reported fact