Org.nr 910 478 656 2024 → 2025 Year-over-year analysis

AHLSELL NORGE AS: årsregnskap 2025 vs 2024

Stronger earnings

approved 2026-03-20; registry 2026-07-06; journal 2026 537722

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AHLSELL NORGE AS. Revenue 8.06bn NOK → 8.30bn NOK (+3.0%). Net result +251.05m NOK → +324.65m NOK. Equity 1.64bn NOK → 1.86bn NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AHLSELL NORGE AS.

Scorecard

Revenue
8.06bn NOK 8.30bn NOK
+3.0%
Operating result
+368.82m NOK +133.71m NOK
-63.7%
Net result
+251.05m NOK +324.65m NOK
+29.3%
Equity
1.64bn NOK 1.86bn NOK
+13.7%
Cash
41.47m NOK 67.97m NOK
+63.9%
Total assets
4.80bn NOK 5.19bn NOK
+8.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.06bn NOK to 8.30bn NOK (+3.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +251.05m NOK → +324.65m NOK (net margin 3.1% → 3.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.64bn NOK → 1.86bn NOK (equity ratio 34.1% → 35.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 41.47m NOK → 67.97m NOK (+63.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +368.82m NOK → +133.71m NOK (op. margin 4.6% → 1.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.07bn NOK → 1.15bn NOK (13% → 14% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 5.52bn NOK → 5.88bn NOK (+6.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.65bn NOK → 1.52bn NOK. Reported fact