Org.nr 994 288 962 2024 → 2025 Year-over-year analysis

INSR ASA: årsregnskap 2025 vs 2024

Shrank 55% on revenue, weaker earnings, cash halved-plus

approved 2026-06-09; registry 2026-07-16; journal 2026 591220

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for INSR ASA. Revenue 94.21m NOK → 42.66m NOK (-54.7%). Net result +76.54m NOK → +27.28m NOK. Equity 9.13bn NOK → 9.16bn NOK.

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

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

Scorecard

Revenue
94.21m NOK 42.66m NOK
-54.7%
Operating result
+91.33m NOK +38.20m NOK
-58.2%
Net result
+76.54m NOK +27.28m NOK
-64.4%
Equity
9.13bn NOK 9.16bn NOK
+0.3%
Cash
4.93m NOK 2.33m NOK
-52.7%
Total assets
311.50m NOK 402.03m NOK
+29.1%

What improved

  • ↑

    Equity strengthened

    Book equity 9.13bn NOK → 9.16bn NOK (equity ratio 2931.4% → 2278.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 94.21m NOK to 42.66m NOK (-54.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +91.33m NOK → +38.20m NOK (op. margin 96.9% → 89.5%). Calculated

  • ↓

    Net result weakened

    Net result +76.54m NOK → +27.28m NOK (net margin 81.2% → 63.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.93m NOK → 2.33m NOK (-52.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 759.0k NOK → 862.6k NOK (1% → 2% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5 NOK → 10.10m NOK. Reported fact