Org.nr 913 849 620 2024 → 2025 Year-over-year analysis

AGUSTA 109 AS: årsregnskap 2025 vs 2024

Shrank 18% on revenue, weaker earnings, cash halved-plus

approved 2026-03-26; registry 2026-05-20; journal 2026 396331

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AGUSTA 109 AS. Revenue 37.35m NOK → 30.51m NOK (-18.3%). Net result +8.85m NOK → +5.68m NOK. Equity 1.61m NOK → 1.37m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for AGUSTA 109 AS.

Scorecard

Revenue
37.35m NOK 30.51m NOK
-18.3%
Operating result
+11.55m NOK +7.40m NOK
-35.9%
Net result
+8.85m NOK +5.68m NOK
-35.9%
Equity
1.61m NOK 1.37m NOK
-14.7%
Cash
7.96m NOK 70.2k NOK
-99.1%
Total assets
20.49m NOK 13.37m NOK
-34.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 37.35m NOK to 30.51m NOK (-18.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +11.55m NOK → +7.40m NOK (op. margin 30.9% → 24.3%). Calculated

  • ↓

    Net result weakened

    Net result +8.85m NOK → +5.68m NOK (net margin 23.7% → 18.6%). Calculated

  • ↓

    Equity eroded

    Book equity 1.61m NOK → 1.37m NOK (equity ratio 7.8% → 10.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.96m NOK → 70.2k NOK (-99.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (7.96m NOK → 70.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 17.18m NOK → 14.03m NOK (-18.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.90m NOK → 0 NOK. Reported fact