FirmaIQ
Org.nr 989 586 432 2024 → 2025 Year-over-year analysis

AJAX FORLAG AS: årsregnskap 2025 vs 2024

Grew 91% on revenue, stronger earnings

approved 2026-05-26; registry 2026-06-27; journal 2026 591001

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2025 with 2024 for AJAX FORLAG AS. Revenue 613.0k NOK → 1.17m NOK (+91.3%). Net result +103.0k NOK → +192.6k NOK. Equity 4.15m NOK → 347.6k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AJAX FORLAG AS.

At a glance

Scorecard

Revenue
613.0k NOK 1.17m NOK
+91.3%
Operating result
+139.1k NOK +251.7k NOK
+81.0%
Net result
+103.0k NOK +192.6k NOK
+87.1%
Equity
4.15m NOK 347.6k NOK
-91.6%
Cash
-16.3k NOK 4 051 NOK
+124.9%
Total assets
883.8k NOK 382.6k NOK
-56.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 613.0k NOK to 1.17m NOK (+91.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +139.1k NOK → +251.7k NOK (op. margin 22.7% → 21.5%). Calculated

  • ↑

    Net result improved

    Net result +103.0k NOK → +192.6k NOK (net margin 16.8% → 16.4%). Calculated

  • ↑

    Cash rose

    Bank deposits -16.3k NOK → 4 051 NOK (+124.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.96× → 1895.71×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4.15m NOK → 347.6k NOK (equity ratio 470.1% → 90.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 151.5k NOK → 167.3k NOK (25% → 14% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 193.4k NOK → 2.45m NOK (+1166.9% YoY). Calculated