Org.nr 992 822 198 2024 → 2025 Year-over-year analysis

AJG EIENDOM AS: årsregnskap 2025 vs 2024

Weaker earnings, cash halved-plus

approved 2026-06-26; registry 2026-07-01; journal 2026 612489

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AJG EIENDOM AS. Revenue 1.61m NOK → 1.65m NOK (+2.1%). Net result +317.1k NOK → +1 172 NOK. Equity 146.1k NOK → 19.1k NOK.

On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJG EIENDOM AS.

Scorecard

Revenue
1.61m NOK 1.65m NOK
+2.1%
Operating result
+244.9k NOK +2.41m NOK
+884.2%
Net result
+317.1k NOK +1 172 NOK
-99.6%
Equity
146.1k NOK 19.1k NOK
-86.9%
Cash
683.8k NOK 283.5k NOK
-58.5%
Total assets
13.93m NOK 14.11m NOK
+1.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.61m NOK to 1.65m NOK (+2.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +244.9k NOK → +2.41m NOK (op. margin 15.2% → 146.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.18× → 1.26×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +317.1k NOK → +1 172 NOK (net margin 19.7% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 146.1k NOK → 19.1k NOK (equity ratio 1.0% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 683.8k NOK → 283.5k NOK (-58.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation