Org.nr 922 105 243 2024 → 2025 Year-over-year analysis

ABOVEIT AS: årsregnskap 2025 vs 2024

Grew 6% on revenue, stronger earnings, cash halved-plus

approved 2026-06-22; registry 2026-08-13; journal 2026 717049

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ABOVEIT AS. Revenue 167.81m NOK → 177.61m NOK (+5.8%). Net result +1.44m NOK → +2.52m NOK. Equity 21.49m NOK → 22.29m NOK.

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

Also worth watching: sharp cash drawdown; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for ABOVEIT AS.

Scorecard

Revenue
167.81m NOK 177.61m NOK
+5.8%
Operating result
+846.7k NOK +242.8k NOK
-71.3%
Net result
+1.44m NOK +2.52m NOK
+74.5%
Equity
21.49m NOK 22.29m NOK
+3.7%
Cash
12.94m NOK 5.16m NOK
-60.2%
Total assets
53.05m NOK 65.41m NOK
+23.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 167.81m NOK to 177.61m NOK (+5.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.44m NOK → +2.52m NOK (net margin 0.9% → 1.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 21.49m NOK → 22.29m NOK (equity ratio 40.5% → 34.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +846.7k NOK → +242.8k NOK (op. margin 0.5% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 12.94m NOK → 5.16m NOK (-60.2% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (12.94m NOK → 5.16m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 730.0k NOK → -1 000 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 3.31m NOK → 13.33m NOK (+303.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2 200 NOK → 12.67m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 126 → 125. Reported fact