Org.nr 926 829 173 2024 → 2025 Year-over-year analysis

AHMAD NORWAY AS: årsregnskap 2025 vs 2024

Shrank 27% on revenue, stronger earnings

approved 2026-07-18; registry 2026-07-21; journal 2026 698354

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AHMAD NORWAY AS. Revenue 890.2k NOK → 647.6k NOK (-27.3%). Net result +18.1k NOK → +149.6k NOK. Equity -118.9k NOK → 30.7k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
890.2k NOK 647.6k NOK
-27.3%
Operating result
+29.8k NOK +193.4k NOK
+549.1%
Net result
+18.1k NOK +149.6k NOK
+724.4%
Equity
-118.9k NOK 30.7k NOK
+125.9%
Cash
54.8k NOK 122.9k NOK
+124.3%
Total assets
109.6k NOK 259.7k NOK
+136.9%

What improved

  • ↑

    Operating result improved

    Operating result +29.8k NOK → +193.4k NOK (op. margin 3.3% → 29.9%). Calculated

  • ↑

    Net result improved

    Net result +18.1k NOK → +149.6k NOK (net margin 2.0% → 23.1%). Calculated

  • ↑

    Equity strengthened

    Book equity -118.9k NOK → 30.7k NOK (equity ratio -108.5% → 11.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 54.8k NOK → 122.9k NOK (+124.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.48× → 1.13×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 890.2k NOK to 647.6k NOK (-27.3% YoY). Calculated