Org.nr 985 889 635 2024 → 2025 Year-over-year analysis

LYTIX BIOPHARMA ASA: årsregnskap 2025 vs 2024

Shrank 100% on revenue, stronger earnings, cash halved-plus

approved 2026-04-14; registry 2026-08-06; journal 2026 688329

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for LYTIX BIOPHARMA ASA. Revenue 11.13m NOK → 11.1k NOK (-99.9%). Net result -94.27m NOK → -59.98m NOK. Equity 107.89m NOK → 61.75m NOK.

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

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

Scorecard

Revenue
11.13m NOK 11.1k NOK
-99.9%
Operating result
-95.90m NOK -64.03m NOK
+33.2%
Net result
-94.27m NOK -59.98m NOK
+36.4%
Equity
107.89m NOK 61.75m NOK
-42.8%
Cash
130.79m NOK 10.60m NOK
-91.9%
Total assets
146.53m NOK 81.52m NOK
-44.4%

What improved

  • ↑

    Operating result improved

    Operating result -95.90m NOK → -64.03m NOK (op. margin -861.3% → -575067.4%). Calculated

  • ↑

    Net result improved

    Net result -94.27m NOK → -59.98m NOK (net margin -846.6% → -538728.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.13m NOK to 11.1k NOK (-99.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 107.89m NOK → 61.75m NOK (equity ratio 73.6% → 75.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 130.79m NOK → 10.60m NOK (-91.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (130.79m NOK → 10.60m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 107.89m NOK → 61.75m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 589 NOK → 2.08m NOK. Reported fact