Org.nr 927 291 657 2024 → 2025 Year-over-year analysis

AGNALT & HOLMEN AS: årsregnskap 2025 vs 2024

Grew 46% on revenue, stronger earnings

registry 2026-04-09; journal 2026 343133

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AGNALT & HOLMEN AS. Revenue 11.34m NOK → 16.60m NOK (+46.4%). Net result +2.14m NOK → +4.73m NOK. Equity 622.1k NOK → 30.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGNALT & HOLMEN AS.

Scorecard

Revenue
11.34m NOK 16.60m NOK
+46.4%
Operating result
+2.74m NOK +6.07m NOK
+121.4%
Net result
+2.14m NOK +4.73m NOK
+120.4%
Equity
622.1k NOK 30.0k NOK
-95.2%
Cash
3.14m NOK 6.40m NOK
+103.4%
Total assets
5.24m NOK 9.45m NOK
+80.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.34m NOK to 16.60m NOK (+46.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.74m NOK → +6.07m NOK (op. margin 24.2% → 36.6%). Calculated

  • ↑

    Net result improved

    Net result +2.14m NOK → +4.73m NOK (net margin 18.9% → 28.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.14m NOK → 6.40m NOK (+103.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 622.1k NOK → 30.0k NOK (equity ratio 11.9% → 0.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.12× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 4.36m NOK → 2.10m NOK (-51.8% YoY). Calculated