Org.nr 898 433 072 2024 → 2025 Year-over-year analysis

AERO NORWAY AS: årsregnskap 2025 vs 2024

Grew 58% on revenue, stronger earnings, cash halved-plus

approved 2026-03-19; registry 2026-07-06; journal 2026 537428

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AERO NORWAY AS. Revenue 232.49m NOK → 367.82m NOK (+58.2%). Net result +11.48m NOK → +16.70m NOK. Equity 28.54m NOK → 45.23m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AERO NORWAY AS.

Scorecard

Revenue
232.49m NOK 367.82m NOK
+58.2%
Operating result
+16.29m NOK +23.47m NOK
+44.1%
Net result
+11.48m NOK +16.70m NOK
+45.4%
Equity
28.54m NOK 45.23m NOK
+58.5%
Cash
16.51m NOK 986.1k NOK
-94.0%
Total assets
117.85m NOK 121.86m NOK
+3.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 232.49m NOK to 367.82m NOK (+58.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +16.29m NOK → +23.47m NOK (op. margin 7.0% → 6.4%). Calculated

  • ↑

    Net result improved

    Net result +11.48m NOK → +16.70m NOK (net margin 4.9% → 4.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 28.54m NOK → 45.23m NOK (equity ratio 24.2% → 37.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 16.51m NOK → 986.1k NOK (-94.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (16.51m NOK → 986.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation