AKERSHUS ENERGI VARME AS: årsregnskap 2025 vs 2024
Returned to profit, cash halved-plus
approved 2026-05-20; registry 2026-07-04; journal 2026 535321
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for AKERSHUS ENERGI VARME AS. Revenue 300.01m NOK → 308.06m NOK (+2.7%). Net result -16.36m NOK → +4.42m NOK. Equity 410.44m NOK → 414.85m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; payroll increased; cogs fell. All figures are taken from the published annual accounts for AKERSHUS ENERGI VARME AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 300.01m NOK to 308.06m NOK (+2.7% YoY). Calculated
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↑
Operating result improved
Operating result -6.27m NOK → +25.49m NOK (op. margin -2.1% → 8.3%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 16.36m NOK to a profit of 4.42m NOK. Calculated
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↑
Equity strengthened
Book equity 410.44m NOK → 414.85m NOK (equity ratio 39.1% → 40.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 111.40m NOK → 33.54m NOK (-69.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.20× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (111.40m NOK → 33.54m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 20.02m NOK → 23.17m NOK (7% → 8% of revenue). Calculated
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COGS fell
COGS / varekostnad 166.93m NOK → 149.42m NOK (-10.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2.95m NOK → 2.71m NOK. Reported fact