Org.nr 927 648 946 2024 → 2025 Year-over-year analysis

AGIANA PHARMACEUTICALS AS: årsregnskap 2025 vs 2024

Grew 65% on revenue, weaker earnings, cash halved-plus

approved 2026-05-19; registry 2026-07-01; journal 2026 614597

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AGIANA PHARMACEUTICALS AS. Revenue 534.6k NOK → 881.5k NOK (+64.9%). Net result -4.50m NOK → -15.17m NOK. Equity 13.42m NOK → 3.25m NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.

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

Scorecard

Revenue
534.6k NOK 881.5k NOK
+64.9%
Operating result
-4.66m NOK -15.45m NOK
-231.6%
Net result
-4.50m NOK -15.17m NOK
-237.0%
Equity
13.42m NOK 3.25m NOK
-75.8%
Cash
13.62m NOK 4.68m NOK
-65.7%
Total assets
14.14m NOK 8.03m NOK
-43.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 534.6k NOK to 881.5k NOK (+64.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 23.82m NOK → 28.83m NOK (+5.00m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -4.66m NOK → -15.45m NOK (op. margin -871.7% → -1753.1%). Calculated

  • ↓

    Net result weakened

    Net result -4.50m NOK → -15.17m NOK (net margin -842.0% → -1720.7%). Calculated

  • ↓

    Equity eroded

    Book equity 13.42m NOK → 3.25m NOK (equity ratio 94.9% → 40.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 13.62m NOK → 4.68m NOK (-65.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (13.62m NOK → 4.68m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation