Org.nr 983 218 180 2024 → 2025 Year-over-year analysis

MAGNORA ASA: årsregnskap 2025 vs 2024

Grew 294% on revenue, stronger earnings, fresh owner capital

approved 2026-02-24; registry 2026-07-30; journal 2026 620342

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for MAGNORA ASA. Revenue 34.00m NOK → 134.00m NOK (+294.1%). Net result +353.0k NOK → +123.00m NOK. Equity 613.00m NOK → 698.0k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for MAGNORA ASA.

Scorecard

Revenue
34.00m NOK 134.00m NOK
+294.1%
Operating result
-36.00m NOK +89.00m NOK
+347.2%
Net result
+353.0k NOK +123.00m NOK
+34744.2%
Equity
613.00m NOK 698.0k NOK
-99.9%
Cash
229.00m NOK 145.00m NOK
-36.7%
Total assets
731.0k NOK 712.00m NOK
+97300.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 34.00m NOK to 134.00m NOK (+294.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -36.00m NOK → +89.00m NOK (op. margin -105.9% → 66.4%). Calculated

  • ↑

    Net result improved

    Net result +353.0k NOK → +123.00m NOK (net margin 1.0% → 91.8%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 26.00m NOK → 33.00m NOK (+7.00m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 44.00m NOK → 31.00m NOK (129% → 23% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 613.00m NOK → 698.0k NOK (equity ratio 83857.7% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 229.00m NOK → 145.00m NOK (-36.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 494.0k NOK → 1 NOK. Reported fact