AIPEX AS: årsregnskap 2025 vs 2024
Shrank 54% on revenue, returned to profit, cash halved-plus
approved 2026-02-26; registry 2026-02-28; journal 2026 321381
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for AIPEX AS. Revenue 897.9k NOK → 413.5k NOK (-53.9%). Net result -60.9k NOK → +114.8k NOK. Equity -24.9k NOK → 89.8k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -60.9k NOK → +130.7k NOK (op. margin -6.8% → 31.6%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 60.9k NOK to a profit of 114.8k NOK. Calculated
-
↑
Equity strengthened
Book equity -24.9k NOK → 89.8k NOK (equity ratio -20.1% → 54.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.83× → 2.21×. Calculated
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↑
Payroll decreased
Salary cost 879.2k NOK → 185.8k NOK (98% → 45% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 897.9k NOK to 413.5k NOK (-53.9% YoY). Calculated
-
↓
Cash fell
Bank deposits 124.1k NOK → 39.2k NOK (-68.4% YoY). Calculated