Org.nr 930 000 361 2024 → 2025 Year-over-year analysis

ACTIVATE GAMES SCANDINAVIA AS: årsregnskap 2025 vs 2024

Weaker earnings

approved 2026-06-15; registry 2026-07-08; journal 2026 550077

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ACTIVATE GAMES SCANDINAVIA AS. Net result -415.7k NOK → -3.19m NOK. Equity 537.1k NOK → 994.4k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened.

Also worth watching: thin equity buffer; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACTIVATE GAMES SCANDINAVIA AS.

Scorecard

Revenue
n/m 985.7k NOK
—
Operating result
-501.2k NOK -3.67m NOK
-633.3%
Net result
-415.7k NOK -3.19m NOK
-666.4%
Equity
537.1k NOK 994.4k NOK
+85.2%
Cash
39.5k NOK 1.76m NOK
+4345.2%
Total assets
776.6k NOK 62.45m NOK
+7940.9%

What improved

  • ↑

    Equity strengthened

    Book equity 537.1k NOK → 994.4k NOK (equity ratio 69.2% → 1.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 39.5k NOK → 1.76m NOK (+4345.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.10× → 33.69×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -501.2k NOK → -3.67m NOK. Calculated

  • ↓

    Net result weakened

    Net result -415.7k NOK → -3.19m NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 452 NOK → 50.8k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact