Org.nr 998 680 700 2024 → 2025 Year-over-year analysis

AJ ELEKTRO AS: årsregnskap 2025 vs 2024

Shrank 19% on revenue

approved 2026-03-16; registry 2026-04-09; journal 2026 370248

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AJ ELEKTRO AS. Revenue 6.87m NOK → 5.57m NOK (-18.9%). Net result +504.6k NOK → +477.2k NOK. Equity 1.64m NOK → 1.81m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AJ ELEKTRO AS.

Scorecard

Revenue
6.87m NOK 5.57m NOK
-18.9%
Operating result
+631.4k NOK +563.1k NOK
-10.8%
Net result
+504.6k NOK +477.2k NOK
-5.4%
Equity
1.64m NOK 1.81m NOK
+10.8%
Cash
246.9k NOK 1.36m NOK
+450.4%
Total assets
3.14m NOK 3.34m NOK
+6.6%

What improved

  • ↑

    Equity strengthened

    Book equity 1.64m NOK → 1.81m NOK (equity ratio 52.2% → 54.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 246.9k NOK → 1.36m NOK (+450.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.87m NOK to 5.57m NOK (-18.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +631.4k NOK → +563.1k NOK (op. margin 9.2% → 10.1%). Calculated

  • ↓

    Net result weakened

    Net result +504.6k NOK → +477.2k NOK (net margin 7.3% → 8.6%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.33m NOK → 2.67m NOK (34% → 48% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.88m NOK → 1.50m NOK (-48.1% YoY). Calculated