Org.nr 925 354 090 2024 → 2025 Year-over-year analysis

AECOM ENGINEERING TECHNOLOGY SERVICES AS: årsregnskap 2025 vs 2024

Grew 212% on revenue, stronger earnings, cash halved-plus

approved 2026-06-29; registry 2026-07-23; journal 2026 619035

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AECOM ENGINEERING TECHNOLOGY SERVICES AS. Revenue 9.76m NOK → 30.42m NOK (+211.6%). Net result -12.63m NOK → -3.44m NOK. Equity 17.73m NOK → 101.29m 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; payroll increased; cogs moved. All figures are taken from the published annual accounts for AECOM ENGINEERING TECHNOLOGY SERVICES AS.

Scorecard

Revenue
9.76m NOK 30.42m NOK
+211.6%
Operating result
-13.38m NOK -15.90m NOK
-18.8%
Net result
-12.63m NOK -3.44m NOK
+72.8%
Equity
17.73m NOK 101.29m NOK
+471.3%
Cash
96.57m NOK 13.03m NOK
-86.5%
Total assets
107.62m NOK 119.42m NOK
+11.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.76m NOK to 30.42m NOK (+211.6% YoY). Calculated

  • ↑

    Net result improved

    Net result -12.63m NOK → -3.44m NOK (net margin -129.4% → -11.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 17.73m NOK → 101.29m NOK (equity ratio 16.5% → 84.8%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 41.79m NOK → 128.79m NOK (+87.00m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -13.38m NOK → -15.90m NOK (op. margin -137.1% → -52.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 96.57m NOK → 13.03m NOK (-86.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (96.57m NOK → 13.03m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 14.63m NOK → 22.06m NOK (150% → 73% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4.41m NOK → 5.27m NOK (+19.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.12m NOK → 3.94m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 18 → 23. Reported fact