ACTIVE WATER AS: årsregnskap 2025 vs 2024
Grew 5145% on revenue, stronger earnings
approved 2026-06-30; registry 2026-08-13; journal 2026 720062
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ACTIVE WATER AS. Revenue 540 NOK → 28.3k NOK (+5145.2%). Net result -7.97m NOK → -4.31m NOK. Equity -4.70m NOK → -9.01m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTIVE WATER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 540 NOK to 28.3k NOK (+5145.2% YoY). Calculated
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↑
Operating result improved
Operating result -5.47m NOK → +1.83m NOK (op. margin -1013281.5% → 6471.3%). Calculated
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Net result improved
Net result -7.97m NOK → -4.31m NOK (net margin -1476684.6% → -15225.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.02× → 1.84×. Calculated
What deteriorated
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↓
Equity eroded
Book equity -4.70m NOK → -9.01m NOK (equity ratio -2.9% → -4.3%). Calculated
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↓
Cash fell
Bank deposits 253.2k NOK → 208.7k NOK (-17.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -4.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 2.21m NOK → 12.03m NOK (410055% → 42470% of revenue). Calculated
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COGS moved
COGS / varekostnad 1 690 NOK → 85.4k NOK (+4950.9% YoY). Calculated