Org.nr 918 185 429 2024 → 2025 Year-over-year analysis

AEO AS: årsregnskap 2025 vs 2024

Shrank 54% on revenue, weaker earnings

approved 2026-06-06; registry 2026-06-08; journal 2026 527534

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AEO AS. Revenue 1.03m NOK → 469.3k NOK (-54.4%). Net result +12.28m NOK → +878.3k NOK. Equity 16.26m NOK → 16.98m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AEO AS.

Scorecard

Revenue
1.03m NOK 469.3k NOK
-54.4%
Operating result
+15.9k NOK -125.5k NOK
-889.6%
Net result
+12.28m NOK +878.3k NOK
-92.8%
Equity
16.26m NOK 16.98m NOK
+4.4%
Cash
1.17m NOK 5.95m NOK
+409.1%
Total assets
16.76m NOK 17.00m NOK
+1.5%

What improved

  • ↑

    Equity strengthened

    Book equity 16.26m NOK → 16.98m NOK (equity ratio 97.0% → 99.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.17m NOK → 5.95m NOK (+409.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 899.8k NOK → 473.2k NOK (87% → 101% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.03m NOK to 469.3k NOK (-54.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +15.9k NOK → -125.5k NOK (op. margin 1.5% → -26.7%). Calculated

  • ↓

    Net result weakened

    Net result +12.28m NOK → +878.3k NOK (net margin 1192.0% → 187.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 15.25m NOK → 15.60m NOK. Reported fact