GRIFFIN CONSULTING AS: årsregnskap 2025 vs 2024
Shrank 12% on revenue, returned to profit
approved 2026-07-05; registry 2026-07-07; journal 2026 649165
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for GRIFFIN CONSULTING AS. Revenue 172.1k NOK → 150.8k NOK (-12.4%). Net result -362.7k NOK → +123.6k NOK. Equity 963.6k NOK → 87.3k NOK.
On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for GRIFFIN CONSULTING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +130.0k NOK → +139.3k NOK (op. margin 75.5% → 92.4%). Calculated
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Turned profitable
Net result flipped from a loss of 362.7k NOK to a profit of 123.6k NOK. Calculated
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Cash rose
Bank deposits 28.9k NOK → 161.6k NOK (+459.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 172.1k NOK to 150.8k NOK (-12.4% YoY). Calculated
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↓
Equity eroded
Book equity 963.6k NOK → 87.3k NOK (equity ratio 93.5% → 1.4%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 1.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 67.2k NOK → 51.5k NOK. Reported fact