Org.nr 919 605 308 2024 → 2025 Year-over-year analysis

AGH ENGINEERING AS: årsregnskap 2025 vs 2024

Shrank 31% on revenue, weaker earnings

approved 2026-04-27; registry 2026-05-05; journal 2026 421016

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AGH ENGINEERING AS. Revenue 867.9k NOK → 601.5k NOK (-30.7%). Net result +124.7k NOK → +24.4k NOK. Equity 294.0k NOK → 318.5k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGH ENGINEERING AS.

Scorecard

Revenue
867.9k NOK 601.5k NOK
-30.7%
Operating result
+119.1k NOK +18.2k NOK
-84.7%
Net result
+124.7k NOK +24.4k NOK
-80.4%
Equity
294.0k NOK 318.5k NOK
+8.3%
Cash
319.8k NOK 340.6k NOK
+6.5%
Total assets
533.2k NOK 479.3k NOK
-10.1%

What improved

  • ↑

    Equity strengthened

    Book equity 294.0k NOK → 318.5k NOK (equity ratio 55.1% → 66.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 319.8k NOK → 340.6k NOK (+6.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.47m NOK → 2.28m NOK (285% → 379% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 867.9k NOK to 601.5k NOK (-30.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +119.1k NOK → +18.2k NOK (op. margin 13.7% → 3.0%). Calculated

  • ↓

    Net result weakened

    Net result +124.7k NOK → +24.4k NOK (net margin 14.4% → 4.1%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 17.4k NOK → 6 175 NOK (-64.5% YoY). Calculated