Org.nr 976 846 923 2024 → 2025 Year-over-year analysis

IDEX BIOMETRICS ASA: årsregnskap 2025 vs 2024

Shrank 68% on revenue, stronger earnings, cash halved-plus

approved 2026-05-29; registry 2026-07-22; journal 2026 584949

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for IDEX BIOMETRICS ASA. Revenue 793.0k NOK → 256.0k NOK (-67.7%). Net result -22.98m NOK → -3.90m NOK. Equity 666.0k NOK → 22 NOK.

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

Also worth watching: thin equity buffer; sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for IDEX BIOMETRICS ASA.

Scorecard

Revenue
793.0k NOK 256.0k NOK
-67.7%
Operating result
-24.48m NOK -10.47m NOK
+57.2%
Net result
-22.98m NOK -3.90m NOK
+83.0%
Equity
666.0k NOK 22 NOK
-100.0%
Cash
1.92m NOK 724.0k NOK
-62.3%
Total assets
11.89m NOK 10.68m NOK
-10.2%

What improved

  • ↑

    Operating result improved

    Operating result -24.48m NOK → -10.47m NOK (op. margin -3087.1% → -4088.3%). Calculated

  • ↑

    Net result improved

    Net result -22.98m NOK → -3.90m NOK (net margin -2897.4% → -1524.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 793.0k NOK to 256.0k NOK (-67.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 666.0k NOK → 22 NOK (equity ratio 5.6% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.92m NOK → 724.0k NOK (-62.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.09m NOK → 5.21m NOK (137% → 2036% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 1.68m NOK → 19.61m NOK (+1064.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

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

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.92m NOK → 724.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 39.89m NOK → 8.92m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 459.0k NOK → 11.0k NOK. Reported fact