Org.nr 922 949 379 2024 → 2025 Year-over-year analysis

AIM PYRO AS: årsregnskap 2025 vs 2024

Shrank 44% on revenue, stronger earnings, cash halved-plus

approved 2026-04-19; registry 2026-06-02; journal 2026 513206

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AIM PYRO AS. Revenue 752.9k NOK → 418.5k NOK (-44.4%). Net result +137.9k NOK → +173.6k NOK. Equity 999.0k NOK → 172.6k NOK.

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

Also worth watching: thin equity buffer; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIM PYRO AS.

Scorecard

Revenue
752.9k NOK 418.5k NOK
-44.4%
Operating result
+141.8k NOK +222.9k NOK
+57.2%
Net result
+137.9k NOK +173.6k NOK
+25.9%
Equity
999.0k NOK 172.6k NOK
-82.7%
Cash
599.1k NOK 40.9k NOK
-93.2%
Total assets
32.3k NOK 1.82m NOK
+5532.3%

What improved

  • ↑

    Operating result improved

    Operating result +141.8k NOK → +222.9k NOK (op. margin 18.8% → 53.3%). Calculated

  • ↑

    Net result improved

    Net result +137.9k NOK → +173.6k NOK (net margin 18.3% → 41.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 752.9k NOK to 418.5k NOK (-44.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 999.0k NOK → 172.6k NOK (equity ratio 3088.2% → 9.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 599.1k NOK → 40.9k NOK (-93.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 24.87× → 0.65× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 21.0k NOK → 3.40m NOK (3% → 812% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 17.7k NOK → 50.0k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0.25 → 0.45. Reported fact