Org.nr 915 044 751 2024 → 2025 Year-over-year analysis

AJ BYGG AS: årsregnskap 2025 vs 2024

Grew 17% on revenue, stronger earnings, cash halved-plus

approved 2026-07-01; registry 2026-07-02; journal 2026 629630

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AJ BYGG AS. Revenue 506.7k NOK → 592.8k NOK (+17.0%). Net result -596.8k NOK → -250.6k NOK. Equity -1.42m NOK → -1.67m NOK.

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

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

Scorecard

Revenue
506.7k NOK 592.8k NOK
+17.0%
Operating result
-587.6k NOK -222.5k NOK
+62.1%
Net result
-596.8k NOK -250.6k NOK
+58.0%
Equity
-1.42m NOK -1.67m NOK
-17.7%
Cash
28.3k NOK 4 156 NOK
-85.3%
Total assets
1.45m NOK 1.42m NOK
-1.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 506.7k NOK to 592.8k NOK (+17.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -587.6k NOK → -222.5k NOK (op. margin -116.0% → -37.5%). Calculated

  • ↑

    Net result improved

    Net result -596.8k NOK → -250.6k NOK (net margin -117.8% → -42.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.32m NOK → 2.22m NOK (458% → 375% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -1.42m NOK → -1.67m NOK (equity ratio -97.8% → -117.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 28.3k NOK → 4 156 NOK (-85.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -117.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 419.9k NOK → 383.1k NOK (-8.8% YoY). Calculated