Org.nr 932 142 104 2024 → 2025 Year-over-year analysis

NEKKAR ASA: årsregnskap 2025 vs 2024

Shrank 28% on revenue, weaker earnings

approved 2026-05-28; registry 2026-08-17; journal 2026 715973

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for NEKKAR ASA. Revenue 9.59m NOK → 6.94m NOK (-27.7%). Net result +45.27m NOK → +16.42m NOK. Equity 453.9k NOK → 412.13m NOK.

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

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

Scorecard

Revenue
9.59m NOK 6.94m NOK
-27.7%
Operating result
-37.33m NOK -42.85m NOK
-14.8%
Net result
+45.27m NOK +16.42m NOK
-63.7%
Equity
453.9k NOK 412.13m NOK
+90705.6%
Cash
103.10m NOK 89.00m NOK
-13.7%
Total assets
639.0k NOK 594.34m NOK
+92912.4%

What improved

  • ↑

    Equity strengthened

    Book equity 453.9k NOK → 412.13m NOK (equity ratio 71.0% → 69.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.59m NOK to 6.94m NOK (-27.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -37.33m NOK → -42.85m NOK (op. margin -389.1% → -617.6%). Calculated

  • ↓

    Net result weakened

    Net result +45.27m NOK → +16.42m NOK (net margin 471.8% → 236.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 103.10m NOK → 89.00m NOK (-13.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.15m NOK → 5.19m NOK (54% → 75% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 20.58m NOK → 20.00m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 390.7k NOK → 376.95m NOK. Reported fact