Org.nr 914 071 968 2024 → 2025 Year-over-year analysis

AIRWATCH AS: årsregnskap 2025 vs 2024

Grew 1117% on revenue, stronger earnings

approved 2026-03-06; registry 2026-04-20; journal 2026 384652

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AIRWATCH AS. Revenue 345.9k NOK → 4.21m NOK (+1116.9%). Net result +29.2k NOK → +204.1k NOK. Equity 160.9k NOK → 65.0k NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AIRWATCH AS.

Scorecard

Revenue
345.9k NOK 4.21m NOK
+1116.9%
Operating result
+29.1k NOK +249.9k NOK
+760.0%
Net result
+29.2k NOK +204.1k NOK
+598.5%
Equity
160.9k NOK 65.0k NOK
-59.6%
Cash
198.1k NOK 2.40m NOK
+1110.7%
Total assets
31.7k NOK 2.62m NOK
+8166.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 345.9k NOK to 4.21m NOK (+1116.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +29.1k NOK → +249.9k NOK (op. margin 8.4% → 5.9%). Calculated

  • ↑

    Net result improved

    Net result +29.2k NOK → +204.1k NOK (net margin 8.4% → 4.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 198.1k NOK → 2.40m NOK (+1110.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.04× → 1.03×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 160.9k NOK → 65.0k NOK (equity ratio 507.2% → 2.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 735.8k NOK (None YoY). Calculated