Org.nr 926 455 850 2024 → 2025 Year-over-year analysis

A. SIVERTSEN HOLDING AS: årsregnskap 2025 vs 2024

Grew 135% on revenue, stronger earnings, cash halved-plus

approved 2026-04-09; registry 2026-04-16; journal 2026 379856

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for A. SIVERTSEN HOLDING AS. Revenue 292.8k NOK → 688.5k NOK (+135.1%). Net result +20.4k NOK → +55.0k NOK. Equity 368.6k NOK → 423.6k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. SIVERTSEN HOLDING AS.

Scorecard

Revenue
292.8k NOK 688.5k NOK
+135.1%
Operating result
+27.2k NOK +72.8k NOK
+167.2%
Net result
+20.4k NOK +55.0k NOK
+169.5%
Equity
368.6k NOK 423.6k NOK
+14.9%
Cash
206.6k NOK 52.2k NOK
-74.7%
Total assets
965.5k NOK 770.4k NOK
-20.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 292.8k NOK to 688.5k NOK (+135.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +27.2k NOK → +72.8k NOK (op. margin 9.3% → 10.6%). Calculated

  • ↑

    Net result improved

    Net result +20.4k NOK → +55.0k NOK (net margin 7.0% → 8.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 368.6k NOK → 423.6k NOK (equity ratio 38.2% → 55.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 206.6k NOK → 52.2k NOK (-74.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 113.9k NOK → 159.0k NOK. Reported fact