AJ MOTOR AS: årsregnskap 2025 vs 2024
Grew 13% on revenue, stronger earnings, cash halved-plus
approved 2026-05-19; registry 2026-05-28; journal 2026 487855
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for AJ MOTOR AS. Revenue 1.71m NOK → 1.93m NOK (+13.4%). Net result -41.4k NOK → -24.2k NOK. Equity -69.6k NOK → -93.8k 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; payroll increased; cogs moved. All figures are taken from the published annual accounts for AJ MOTOR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.71m NOK to 1.93m NOK (+13.4% YoY). Calculated
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↑
Operating result improved
Operating result -20.4k NOK → +26.1k NOK (op. margin -1.2% → 1.4%). Calculated
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↑
Net result improved
Net result -41.4k NOK → -24.2k NOK (net margin -2.4% → -1.3%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -69.6k NOK → -93.8k NOK. Calculated
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↓
Cash fell
Bank deposits 76.3k NOK → 25.5k NOK (-66.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -22.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 686.5k NOK → 706.3k NOK (40% → 37% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 628.4k NOK → 692.4k NOK (+10.2% YoY). Calculated