Org.nr 912 396 584 2024 → 2025 Year-over-year analysis

AHDA AS: årsregnskap 2025 vs 2024

Returned to profit

approved 2026-05-15; registry 2026-07-11; journal 2026 667025

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AHDA AS. Revenue 4.64m NOK → 4.70m NOK (+1.4%). Net result -114.0k NOK → +14.1k NOK. Equity 6.17m NOK → 7 NOK.

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

Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AHDA AS.

Scorecard

Revenue
4.64m NOK 4.70m NOK
+1.4%
Operating result
-33.0k NOK +121.1k NOK
+466.8%
Net result
-114.0k NOK +14.1k NOK
+112.4%
Equity
6.17m NOK 7 NOK
-100.0%
Cash
125.2k NOK 111.2k NOK
-11.1%
Total assets
2.60m NOK 2.86m NOK
+9.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.64m NOK to 4.70m NOK (+1.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -33.0k NOK → +121.1k NOK (op. margin -0.7% → 2.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 114.0k NOK to a profit of 14.1k NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 4.21m NOK → 3.93m NOK (91% → 84% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 6.17m NOK → 7 NOK (equity ratio 237.0% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 125.2k NOK → 111.2k NOK (-11.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 10.76× → 0.72× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 419.1k NOK → 239.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 44.0k NOK → 27.4k NOK (-37.8% YoY). Calculated