AKADEMIET FOR PERSONLIG TRENING AS: årsregnskap 2025 vs 2024
Weaker earnings, cash halved-plus
approved 2026-07-02; registry 2026-08-06; journal 2026 695482
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for AKADEMIET FOR PERSONLIG TRENING AS. Revenue 49.03m NOK → 48.49m NOK (-1.1%). Net result +9.31m NOK → +6.35m NOK. Equity 10.18m NOK → 14.67m NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AKADEMIET FOR PERSONLIG TRENING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 10.18m NOK → 14.67m NOK (equity ratio 18.3% → 31.2%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.83× → 1.13×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 49.03m NOK to 48.49m NOK (-1.1% YoY). Calculated
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↓
Operating result weakened
Operating result +11.39m NOK → +7.77m NOK (op. margin 23.2% → 16.0%). Calculated
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↓
Net result weakened
Net result +9.31m NOK → +6.35m NOK (net margin 19.0% → 13.1%). Calculated
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↓
Cash fell
Bank deposits 3.57m NOK → 434.2k NOK (-87.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 9.30m NOK → 10.74m NOK (19% → 22% of revenue). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.57m NOK → 434.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 15.98m NOK → 8.08m NOK. Reported fact