Org.nr 932 346 125 2024 → 2025 Year-over-year analysis

AEGIR SEAPOWER AS: årsregnskap 2025 vs 2024

Stronger earnings

approved 2026-06-09; registry 2026-07-29; journal 2026 724590

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AEGIR SEAPOWER AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -21.1k NOK → -10.4k NOK. Equity 3 159 NOK → -10.2k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AEGIR SEAPOWER AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-21.1k NOK -11.2k NOK
+47.1%
Net result
-21.1k NOK -10.4k NOK
+50.9%
Equity
3 159 NOK -10.2k NOK
-423.4%
Cash
30.2k NOK 19.8k NOK
-34.4%
Total assets
30.2k NOK 19.8k NOK
-34.4%

What improved

  • ↑

    Operating result improved

    Operating result -21.1k NOK → -11.2k NOK. Calculated

  • ↑

    Net result improved

    Net result -21.1k NOK → -10.4k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 3 159 NOK → -10.2k NOK (equity ratio 10.5% → -51.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 30.2k NOK → 19.8k NOK (-34.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.01× → 0.66× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -51.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation