Org.nr 929 284 801 2024 → 2025 Year-over-year analysis

AHMAD PANAM AS: årsregnskap 2025 vs 2024

Shrank 7% on revenue, weaker earnings

approved 2026-02-27; registry 2026-04-13; journal 2026 344982

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AHMAD PANAM AS. Revenue 38.47m NOK → 35.73m NOK (-7.1%). Net result +220.4k NOK → +138.1k NOK. Equity 953.7k NOK → 1.09m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AHMAD PANAM AS.

Scorecard

Revenue
38.47m NOK 35.73m NOK
-7.1%
Operating result
+268.0k NOK +162.7k NOK
-39.3%
Net result
+220.4k NOK +138.1k NOK
-37.3%
Equity
953.7k NOK 1.09m NOK
+14.5%
Cash
716.8k NOK 413.8k NOK
-42.3%
Total assets
n/m 5.38m NOK
—

What improved

  • ↑

    Equity strengthened

    Book equity 953.7k NOK → 1.09m NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 3.05m NOK → 2.74m NOK (8% → 8% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 38.47m NOK to 35.73m NOK (-7.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +268.0k NOK → +162.7k NOK (op. margin 0.7% → 0.5%). Calculated

  • ↓

    Net result weakened

    Net result +220.4k NOK → +138.1k NOK (net margin 0.6% → 0.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 716.8k NOK → 413.8k NOK (-42.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 31.94m NOK → 29.74m NOK (-6.9% YoY). Calculated