FirmaIQ
Org.nr 986 942 033 2024 → 2025 Year-over-year analysis

APPEAR ASA: årsregnskap 2025 vs 2024

Grew 33% on revenue, stronger earnings, cash halved-plus

approved 2026-05-12; registry 2026-09-07; journal 2026 754520

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2025 with 2024 for APPEAR ASA. Revenue 602.2k NOK → 803.0k NOK (+33.3%). Net result +66.05m NOK → +138.02m NOK. Equity 259.7k NOK → 591.1k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for APPEAR ASA.

At a glance

Scorecard

Revenue
602.2k NOK 803.0k NOK
+33.3%
Operating result
+66.42m NOK +181.25m NOK
+172.9%
Net result
+66.05m NOK +138.02m NOK
+109.0%
Equity
259.7k NOK 591.1k NOK
+127.6%
Cash
72.25m NOK 33.87m NOK
-53.1%
Total assets
427.1k NOK 855.8k NOK
+100.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 602.2k NOK to 803.0k NOK (+33.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +66.42m NOK → +181.25m NOK (op. margin 11030.2% → 22571.7%). Calculated

  • ↑

    Net result improved

    Net result +66.05m NOK → +138.02m NOK (net margin 10968.7% → 17188.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 259.7k NOK → 591.1k NOK (equity ratio 60.8% → 69.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 3.73×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 72.25m NOK → 33.87m NOK (-53.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 44.0k NOK → 40.50m NOK. Reported fact