AIR BUILDING AS: årsregnskap 2025 vs 2024
Grew 38% on revenue, slipped into loss
approved 2026-02-16; registry 2026-02-17; journal 2026 311305
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for AIR BUILDING AS. Revenue 3.47m NOK → 4.80m NOK (+38.3%). Net result +220.1k NOK → -187.1k NOK. Equity 5.25m NOK → 63.0k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AIR BUILDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.47m NOK to 4.80m NOK (+38.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +215.4k NOK → -179.5k NOK (op. margin 6.2% → -3.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 220.1k NOK profit to a loss of 187.1k NOK. Calculated
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↓
Equity eroded
Book equity 5.25m NOK → 63.0k NOK (equity ratio 4306.9% → 5.5%). Calculated
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↓
Cash fell
Bank deposits 650.9k NOK → 496.3k NOK (-23.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.06m NOK → 3.53m NOK (59% → 74% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 783.7k NOK → 847.0k NOK (+8.1% YoY). Calculated