Org.nr 925 722 049 2024 → 2025 Year-over-year analysis

AH-TECH AS: årsregnskap 2025 vs 2024

Grew 36% on revenue, stronger earnings

approved 2026-06-30; registry 2026-08-15; journal 2026 725824

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AH-TECH AS. Revenue 14.35m NOK → 19.49m NOK (+35.8%). Net result +2.33m NOK → +4.38m NOK. Equity 3.63m NOK → 3.02m NOK.

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

Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for AH-TECH AS.

Scorecard

Revenue
14.35m NOK 19.49m NOK
+35.8%
Operating result
+11.0k NOK +469.2k NOK
+4178.3%
Net result
+2.33m NOK +4.38m NOK
+88.1%
Equity
3.63m NOK 3.02m NOK
-16.9%
Cash
3.37m NOK 2.08m NOK
-38.4%
Total assets
7.27m NOK 5.95m NOK
-18.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.35m NOK to 19.49m NOK (+35.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +11.0k NOK → +469.2k NOK (op. margin 0.1% → 2.4%). Calculated

  • ↑

    Net result improved

    Net result +2.33m NOK → +4.38m NOK (net margin 16.2% → 22.5%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 3.63m NOK → 3.02m NOK (equity ratio 50.0% → 50.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.37m NOK → 2.08m NOK (-38.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7.45m NOK → 8.89m NOK (52% → 46% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.89m NOK → 7.58m NOK (+300.2% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 7 → 8. Reported fact