Org.nr 926 336 088 2024 → 2025 Year-over-year analysis

A-TEC HOLDING AS: årsregnskap 2025 vs 2024

Grew 6% on revenue, cash halved-plus

approved 2026-05-20; registry 2026-08-01; journal 2026 664267

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for A-TEC HOLDING AS. Revenue 21.13m NOK → 22.45m NOK (+6.2%). Net result +13.89m NOK → +15.28m NOK. Equity 50.06m NOK → 32.34m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A-TEC HOLDING AS.

Scorecard

Revenue
21.13m NOK 22.45m NOK
+6.2%
Operating result
+17.79m NOK +19.62m NOK
+10.3%
Net result
+13.89m NOK +15.28m NOK
+10.0%
Equity
50.06m NOK 32.34m NOK
-35.4%
Cash
17.34m NOK 23.7k NOK
-99.9%
Total assets
55.00m NOK 37.56m NOK
-31.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 21.13m NOK to 22.45m NOK (+6.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +17.79m NOK → +19.62m NOK (op. margin 84.2% → 87.4%). Calculated

  • ↑

    Net result improved

    Net result +13.89m NOK → +15.28m NOK (net margin 65.7% → 68.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 50.06m NOK → 32.34m NOK (equity ratio 91.0% → 86.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 17.34m NOK → 23.7k NOK (-99.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.84× → 0.28× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (17.34m NOK → 23.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 34.81m NOK → 34.22m NOK. Reported fact