ACTIVATE AS: årsregnskap 2025 vs 2024
Shrank 16% on revenue
approved 2026-06-26; registry 2026-08-04; journal 2026 682400
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ACTIVATE AS. Revenue 7.56m NOK → 6.37m NOK (-15.7%). Net result -59.4k NOK → -61.3k NOK. Equity 362.9k NOK → 301.6k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACTIVATE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 627.5k NOK → 680.5k NOK (+8.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.54m NOK → 2.49m NOK (34% → 39% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.56m NOK to 6.37m NOK (-15.7% YoY). Calculated
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↓
Operating result weakened
Operating result +28.1k NOK → -34.6k NOK (op. margin 0.4% → -0.5%). Calculated
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↓
Equity eroded
Book equity 362.9k NOK → 301.6k NOK (equity ratio 10.6% → 9.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 3.95m NOK → 2.87m NOK (-27.4% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 2.5. Reported fact