A35 HOLDING AS: årsregnskap 2025 vs 2024
Shrank 98% on revenue, weaker earnings, cash halved-plus
approved 2026-06-29; registry 2026-06-30; journal 2026 610335
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for A35 HOLDING AS. Revenue 649.1k NOK → 13.6k NOK (-97.9%). Net result -116.7k NOK → -1.29m NOK. Equity 3.80m NOK → 2.51m NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A35 HOLDING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -124.4k NOK → +258.4k NOK (op. margin -19.2% → 1905.3%). Calculated
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Payroll decreased
Salary cost 607.1k NOK → 470.9k NOK (94% → 3472% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 649.1k NOK to 13.6k NOK (-97.9% YoY). Calculated
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Net result weakened
Net result -116.7k NOK → -1.29m NOK (net margin -18.0% → -9512.2%). Calculated
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Equity eroded
Book equity 3.80m NOK → 2.51m NOK (equity ratio 73.5% → 70.1%). Calculated
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Cash fell
Bank deposits 238.9k NOK → 87.6k NOK (-63.3% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.30× → 0.18× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 4.54m NOK → 2.07m NOK. Reported fact