Org.nr 823 820 232 2024 → 2025 Year-over-year analysis

AICONO AS: årsregnskap 2025 vs 2024

Grew 40% on revenue, stronger earnings

approved 2026-05-21; registry 2026-06-23; journal 2026 472198

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AICONO AS. Revenue 8.49m NOK → 11.88m NOK (+39.9%). Net result +307.5k NOK → +701.9k NOK. Equity 726.2k NOK → 407.8k NOK.

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

Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AICONO AS.

Scorecard

Revenue
8.49m NOK 11.88m NOK
+39.9%
Operating result
+395.6k NOK +890.2k NOK
+125.1%
Net result
+307.5k NOK +701.9k NOK
+128.2%
Equity
726.2k NOK 407.8k NOK
-43.8%
Cash
992.6k NOK 617.8k NOK
-37.8%
Total assets
2.90m NOK 4.51m NOK
+55.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.49m NOK to 11.88m NOK (+39.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +395.6k NOK → +890.2k NOK (op. margin 4.7% → 7.5%). Calculated

  • ↑

    Net result improved

    Net result +307.5k NOK → +701.9k NOK (net margin 3.6% → 5.9%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 726.2k NOK → 407.8k NOK (equity ratio 25.1% → 9.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 992.6k NOK → 617.8k NOK (-37.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 17.1k NOK → 35.7k NOK (+109.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 23.7k NOK → 5 958 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 7.54 → 10.47. Reported fact