AIR-TECH AS: årsregnskap 2025 vs 2024
Grew 36% on revenue, weaker earnings
approved 2026-04-16; registry 2026-06-24; journal 2026 478718
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for AIR-TECH AS. Revenue 12.68m NOK → 17.20m NOK (+35.6%). Net result +729.7k NOK → +86.1k NOK. Equity 1.74m NOK → 266.0k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AIR-TECH AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 12.68m NOK to 17.20m NOK (+35.6% YoY). Calculated
-
↑
Payroll decreased
Salary cost 7.18m NOK → 7.02m NOK (57% → 41% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +593.9k NOK → +362.5k NOK (op. margin 4.7% → 2.1%). Calculated
-
↓
Net result weakened
Net result +729.7k NOK → +86.1k NOK (net margin 5.8% → 0.5%). Calculated
-
↓
Equity eroded
Book equity 1.74m NOK → 266.0k NOK (equity ratio 20.3% → 3.9%). Calculated
-
↓
Cash fell
Bank deposits 256.6k NOK → 228.1k NOK (-11.1% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 2.92m NOK → 6.62m NOK (+126.8% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 4.63m NOK → 4 630 NOK. Reported fact
-
·
Headcount (årsverk) changed
Reported FTEs 7.9 → 8. Reported fact