Org.nr 928 336 360 2024 → 2025 Year-over-year analysis

AF CAPITAL AS: årsregnskap 2025 vs 2024

Shrank 17% on revenue

approved 2026-06-29; registry 2026-07-22; journal 2026 616317

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AF CAPITAL AS. Revenue 600.0k NOK → 497.7k NOK (-17.1%). Net result +29.52m NOK → +23.69m NOK. Equity 49.98m NOK → 73.67m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
600.0k NOK 497.7k NOK
-17.1%
Operating result
-1.53m NOK +316.3k NOK
+120.6%
Net result
+29.52m NOK +23.69m NOK
-19.7%
Equity
49.98m NOK 73.67m NOK
+47.4%
Cash
1.67m NOK 6.95m NOK
+315.8%
Total assets
192.40m NOK 74.00m NOK
-61.5%

What improved

  • ↑

    Operating result improved

    Operating result -1.53m NOK → +316.3k NOK (op. margin -255.6% → 63.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 49.98m NOK → 73.67m NOK (equity ratio 26.0% → 99.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.67m NOK → 6.95m NOK (+315.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 600.0k NOK to 497.7k NOK (-17.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +29.52m NOK → +23.69m NOK (net margin 4919.6% → 4760.2%). Calculated