Org.nr 997 410 440 2024 → 2025 Year-over-year analysis

NORDIC FINANCIALS ASA: årsregnskap 2025 vs 2024

Stronger earnings, cash halved-plus, fresh owner capital

approved 2026-05-28; registry 2026-08-01; journal 2026 628685

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for NORDIC FINANCIALS ASA. Revenue 0 NOK → 0 NOK (0.0%). Net result -29.01m NOK → -11.22m NOK. Equity 285.8k NOK → 29.6k NOK.

On the constructive side: operating result improved; net result improved; owners injected capital. 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 NORDIC FINANCIALS ASA.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-22.80m NOK +1.95m NOK
+108.5%
Net result
-29.01m NOK -11.22m NOK
+61.3%
Equity
285.8k NOK 29.6k NOK
-89.6%
Cash
655.8k NOK 11 NOK
-100.0%
Total assets
5.60m NOK 30.42m NOK
+443.7%

What improved

  • ↑

    Operating result improved

    Operating result -22.80m NOK → +1.95m NOK. Calculated

  • ↑

    Net result improved

    Net result -29.01m NOK → -11.22m NOK. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 50.73m NOK → 79.65m NOK (+28.92m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 285.8k NOK → 29.6k NOK (equity ratio 5.1% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 655.8k NOK → 11 NOK (-100.0% 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 0 NOK → 12.79m NOK. Reported fact