Org.nr 830 615 202 2024 → 2025 Year-over-year analysis

AICO AS: årsregnskap 2025 vs 2024

Grew 5% on revenue, weaker earnings

approved 2026-03-17; registry 2026-04-09; journal 2026 343229

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AICO AS. Revenue 20.83m NOK → 21.93m NOK (+5.3%). Net result +5.17m NOK → +3.88m NOK. Equity 6.67m NOK → 6.55m NOK.

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

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

Scorecard

Revenue
20.83m NOK 21.93m NOK
+5.3%
Operating result
+6.59m NOK +4.94m NOK
-25.0%
Net result
+5.17m NOK +3.88m NOK
-24.8%
Equity
6.67m NOK 6.55m NOK
-1.7%
Cash
4.47m NOK 5.77m NOK
+29.1%
Total assets
15.31m NOK 9.85m NOK
-35.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.83m NOK to 21.93m NOK (+5.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 4.47m NOK → 5.77m NOK (+29.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +6.59m NOK → +4.94m NOK (op. margin 31.6% → 22.5%). Calculated

  • ↓

    Net result weakened

    Net result +5.17m NOK → +3.88m NOK (net margin 24.8% → 17.7%). Calculated

  • ↓

    Equity eroded

    Book equity 6.67m NOK → 6.55m NOK (equity ratio 43.5% → 66.5%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 8.89m NOK → 11.73m NOK (+31.9% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3.5 → 4. Reported fact