Org.nr 921 526 121 2024 → 2025 Year-over-year analysis

DNO ASA: årsregnskap 2025 vs 2024

Grew 12% on revenue

approved 2026-06-26; registry 2026-08-04; journal 2026 658176

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for DNO ASA. Revenue 25.13m NOK → 28.22m NOK (+12.3%). Net result -29.00m NOK → -25.00m NOK. Equity 496.17m NOK → 962.4k NOK.

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

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

Scorecard

Revenue
25.13m NOK 28.22m NOK
+12.3%
Operating result
-15.17m NOK -24.23m NOK
-59.7%
Net result
-29.00m NOK -25.00m NOK
+13.8%
Equity
496.17m NOK 962.4k NOK
-99.8%
Cash
746.2k NOK 228.79m NOK
+30560.4%
Total assets
1.43bn NOK 2.26bn NOK
+57.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 25.13m NOK to 28.22m NOK (+12.3% YoY). Calculated

  • ↑

    Net result improved

    Net result -29.00m NOK → -25.00m NOK (net margin -115.4% → -88.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 746.2k NOK → 228.79m NOK (+30560.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.01× → 4.40×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -15.17m NOK → -24.23m NOK (op. margin -60.4% → -85.9%). Calculated

  • ↓

    Equity eroded

    Book equity 496.17m NOK → 962.4k NOK (equity ratio 34.6% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 376.48m NOK → 770.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 666.12m NOK → 2.00m NOK. Reported fact