Org.nr 977 499 054 2024 → 2025 Year-over-year analysis

AIRBUS DEFENCE AND SPACE AS: årsregnskap 2025 vs 2024

Grew 61% on revenue, cash halved-plus

approved 2026-06-23; registry 2026-08-20; journal 2026 731399

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AIRBUS DEFENCE AND SPACE AS. Revenue 427.5k NOK → 688.0k NOK (+61.0%). Net result +37.08m NOK → +36.13m NOK. Equity 18.18m NOK → 19.18m NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AIRBUS DEFENCE AND SPACE AS.

Scorecard

Revenue
427.5k NOK 688.0k NOK
+61.0%
Operating result
+32.12m NOK +43.75m NOK
+36.2%
Net result
+37.08m NOK +36.13m NOK
-2.6%
Equity
18.18m NOK 19.18m NOK
+5.5%
Cash
230.0k NOK 86.0k NOK
-62.6%
Total assets
540.4k NOK 509.01m NOK
+94089.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 427.5k NOK to 688.0k NOK (+61.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +32.12m NOK → +43.75m NOK (op. margin 7513.6% → 6359.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 18.18m NOK → 19.18m NOK (equity ratio 3364.9% → 3.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 230.0k NOK → 86.0k NOK (-62.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3.35m NOK → 499.0k NOK. Reported fact