Org.nr 923 477 950 2024 → 2025 Year-over-year analysis

AEH AS: årsregnskap 2025 vs 2024

Shrank 100% on revenue, cash halved-plus

approved 2026-06-30; registry 2026-07-01; journal 2026 615186

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AEH AS. Revenue 444.4k NOK → 469 NOK (-99.9%). Net result -116.5k NOK → -139.2k NOK. Equity 406.3k NOK → 267.0k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AEH AS.

Scorecard

Revenue
444.4k NOK 469 NOK
-99.9%
Operating result
+74.0k NOK +50.2k NOK
-32.2%
Net result
-116.5k NOK -139.2k NOK
-19.5%
Equity
406.3k NOK 267.0k NOK
-34.3%
Cash
30.8k NOK 8 976 NOK
-70.9%
Total assets
3.90m NOK 3.87m NOK
-0.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 444.4k NOK to 469 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +74.0k NOK → +50.2k NOK (op. margin 16.7% → 10707.9%). Calculated

  • ↓

    Net result weakened

    Net result -116.5k NOK → -139.2k NOK (net margin -26.2% → -29685.7%). Calculated

  • ↓

    Equity eroded

    Book equity 406.3k NOK → 267.0k NOK (equity ratio 10.4% → 6.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 30.8k NOK → 8 976 NOK (-70.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 123.7k NOK → 86.4k NOK (-30.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 76.2k NOK → 0 NOK. Reported fact