Org.nr 927 771 004 2024 → 2025 Year-over-year analysis

AET NORWAY AS: årsregnskap 2025 vs 2024

Grew 30% on revenue, stronger earnings, cash halved-plus

approved 2026-06-02; registry 2026-07-09; journal 2026 562207

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AET NORWAY AS. Revenue 8.09m NOK → 10.50m NOK (+29.8%). Net result +949 NOK → +889.0k NOK. Equity 2.65m NOK → 3.54m 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 AET NORWAY AS.

Scorecard

Revenue
8.09m NOK 10.50m NOK
+29.8%
Operating result
+216.0k NOK +1.17m NOK
+443.1%
Net result
+949 NOK +889.0k NOK
+93577.6%
Equity
2.65m NOK 3.54m NOK
+33.6%
Cash
2.44m NOK 372.0k NOK
-84.7%
Total assets
5.36m NOK 8.50m NOK
+58.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.09m NOK to 10.50m NOK (+29.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +216.0k NOK → +1.17m NOK (op. margin 2.7% → 11.2%). Calculated

  • ↑

    Net result improved

    Net result +949 NOK → +889.0k NOK (net margin 0.0% → 8.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.65m NOK → 3.54m NOK (equity ratio 49.4% → 41.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.44m NOK → 372.0k NOK (-84.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.44m NOK → 372.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation