ACTIVITY NORWAY AS: årsregnskap 2025 vs 2024
Shrank 39% on revenue, weaker earnings
approved 2026-06-30; registry 2026-08-01; journal 2026 735080
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ACTIVITY NORWAY AS. Revenue 698.5k NOK → 428.6k NOK (-38.6%). Net result -112.7k NOK → -236.2k NOK. Equity -61.2k NOK → -266.8k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACTIVITY NORWAY AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 698.5k NOK to 428.6k NOK (-38.6% YoY). Calculated
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Operating result weakened
Operating result -106.2k NOK → -207.2k NOK (op. margin -15.2% → -48.4%). Calculated
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Net result weakened
Net result -112.7k NOK → -236.2k NOK (net margin -16.1% → -55.1%). Calculated
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Equity eroded
Book equity -61.2k NOK → -266.8k NOK (equity ratio -9.6% → -47.3%). Calculated
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Cash fell
Bank deposits 15.7k NOK → 9 891 NOK (-36.9% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -47.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 377.9k NOK → 208.5k NOK (-44.8% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact