Org.nr 998 584 531 2024 → 2025 Year-over-year analysis

AET SEA SHUTTLE AS: årsregnskap 2025 vs 2024

Grew 11% on revenue, weaker earnings, cash halved-plus

approved 2026-05-27; registry 2026-07-09; journal 2026 562518

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AET SEA SHUTTLE AS. Revenue 38.70m NOK → 42.77m NOK (+10.5%). Net result +6.37m NOK → +1.84m NOK. Equity 134.0k NOK → 135.7k NOK.

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

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

Scorecard

Revenue
38.70m NOK 42.77m NOK
+10.5%
Operating result
+8.57m NOK +3.17m NOK
-63.0%
Net result
+6.37m NOK +1.84m NOK
-71.1%
Equity
134.0k NOK 135.7k NOK
+1.2%
Cash
17.00m NOK 7.14m NOK
-58.0%
Total assets
174.70m NOK 162.93m NOK
-6.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 38.70m NOK to 42.77m NOK (+10.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 134.0k NOK → 135.7k NOK (equity ratio 0.1% → 0.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +8.57m NOK → +3.17m NOK (op. margin 22.2% → 7.4%). Calculated

  • ↓

    Net result weakened

    Net result +6.37m NOK → +1.84m NOK (net margin 16.5% → 4.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 17.00m NOK → 7.14m NOK (-58.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 264.0k NOK → 49.0k NOK. Reported fact