Org.nr 931 693 670 2024 → 2025 Year-over-year analysis

AKVA GROUP ASA: årsregnskap 2025 vs 2024

Grew 117354% on revenue, stronger earnings, cash halved-plus

registry 2026-07-14; journal 2026 567644

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AKVA GROUP ASA. Revenue 1.14m NOK → 1.34bn NOK (+117353.8%). Net result +31.50m NOK → +45.44m NOK. Equity 1.25bn NOK → 1.22bn NOK.

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

Also worth watching: sharp cash drawdown; payroll increased; cogs fell. All figures are taken from the published annual accounts for AKVA GROUP ASA.

Scorecard

Revenue
1.14m NOK 1.34bn NOK
+117353.8%
Operating result
-97.55m NOK -87.13m NOK
+10.7%
Net result
+31.50m NOK +45.44m NOK
+44.3%
Equity
1.25bn NOK 1.22bn NOK
-2.9%
Cash
4.40m NOK 1.27m NOK
-71.0%
Total assets
3.11bn NOK 2.97bn NOK
-4.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.14m NOK to 1.34bn NOK (+117353.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -97.55m NOK → -87.13m NOK (op. margin -8532.8% → -6.5%). Calculated

  • ↑

    Net result improved

    Net result +31.50m NOK → +45.44m NOK (net margin 2755.1% → 3.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1055.37×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.22bn NOK → 1.23bn NOK (+7.01m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.25bn NOK → 1.22bn NOK (equity ratio 40.2% → 40.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.40m NOK → 1.27m NOK (-71.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.40m NOK → 1.27m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 4.28m NOK → 4.35m NOK (375% → 0% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 22979578000.88bn NOK → 10 NOK (-100.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.88bn NOK → 1.70bn NOK. Reported fact