Org.nr 997 505 646 2024 → 2025 Year-over-year analysis

AJ OFFSHORE AS: årsregnskap 2025 vs 2024

Grew 11% on revenue, weaker earnings

approved 2026-03-30; registry 2026-04-11; journal 2026 372004

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AJ OFFSHORE AS. Revenue 2.76m NOK → 3.07m NOK (+11.3%). Net result +5.83m NOK → +760.5k NOK. Equity 4.59m NOK → 5.10m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AJ OFFSHORE AS.

Scorecard

Revenue
2.76m NOK 3.07m NOK
+11.3%
Operating result
+416.5k NOK +627.9k NOK
+50.8%
Net result
+5.83m NOK +760.5k NOK
-86.9%
Equity
4.59m NOK 5.10m NOK
+11.1%
Cash
1.49m NOK 1.28m NOK
-14.3%
Total assets
5.41m NOK 5.63m NOK
+4.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.76m NOK to 3.07m NOK (+11.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +416.5k NOK → +627.9k NOK (op. margin 15.1% → 20.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.59m NOK → 5.10m NOK (equity ratio 84.9% → 90.7%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +5.83m NOK → +760.5k NOK (net margin 211.0% → 24.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.49m NOK → 1.28m NOK (-14.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.73m NOK → 1.89m NOK (63% → 62% of revenue). Calculated