Org.nr 920 639 674 2024 → 2025 Year-over-year analysis

BORGESTAD ASA: årsregnskap 2025 vs 2024

Grew 1077474% on revenue, weaker earnings

approved 2026-05-22; registry 2026-08-04; journal 2026 683157

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for BORGESTAD ASA. Revenue 437 NOK → 4.71m NOK (+1077474.4%). Net result +61.76m NOK → +20.33m NOK. Equity 687.6k NOK → 655.93m NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for BORGESTAD ASA.

Scorecard

Revenue
437 NOK 4.71m NOK
+1077474.4%
Operating result
-10.22m NOK -14.81m NOK
-44.9%
Net result
+61.76m NOK +20.33m NOK
-67.1%
Equity
687.6k NOK 655.93m NOK
+95292.5%
Cash
112.17m NOK 98.83m NOK
-11.9%
Total assets
725.64m NOK 683.86m NOK
-5.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 437 NOK to 4.71m NOK (+1077474.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 687.6k NOK → 655.93m NOK (equity ratio 0.1% → 95.9%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -10.22m NOK → -14.81m NOK (op. margin -2338443.9% → -314.5%). Calculated

  • ↓

    Net result weakened

    Net result +61.76m NOK → +20.33m NOK (net margin 14133638.4% → 431.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 112.17m NOK → 98.83m NOK (-11.9% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 676.74m NOK → 631.16m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 583.3k NOK → 553.25m NOK. Reported fact