AK SKOG AS: årsregnskap 2025 vs 2024
Grew 11% on revenue, stronger earnings, cash halved-plus
approved 2026-05-28; registry 2026-07-01; journal 2026 616412
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for AK SKOG AS. Revenue 3.12m NOK → 3.48m NOK (+11.5%). Net result -73.8k NOK → -56.2k NOK. Equity 16.0k NOK → -40.2k 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 AK SKOG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.12m NOK to 3.48m NOK (+11.5% YoY). Calculated
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↑
Operating result improved
Operating result -50.2k NOK → -18.6k NOK (op. margin -1.6% → -0.5%). Calculated
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↑
Net result improved
Net result -73.8k NOK → -56.2k NOK (net margin -2.4% → -1.6%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 16.0k NOK → -40.2k NOK (equity ratio 1.0% → -3.9%). Calculated
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↓
Cash fell
Bank deposits 24.6k NOK → 0 NOK (-100.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1.87m NOK → 2.10m NOK (60% → 60% of revenue). Calculated
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COGS moved
COGS / varekostnad 322.1k NOK → 490.8k NOK (+52.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 0 NOK → 23.1k NOK. Reported fact