NORMARK IO AS: årsregnskap 2025 vs 2024
Grew 210% on revenue, weaker earnings, cash halved-plus
approved 2026-05-18; registry 2026-05-21; journal 2026 462109
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for NORMARK IO AS. Revenue 464.7k NOK → 1.44m NOK (+210.4%). Net result +262.5k NOK → +192.1k NOK. Equity 853.5k NOK → 45.6k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for NORMARK IO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 464.7k NOK to 1.44m NOK (+210.4% YoY). Calculated
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Payroll decreased
Salary cost 998.7k NOK → 1 122 NOK (215% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +307.1k NOK → +246.3k NOK (op. margin 66.1% → 17.1%). Calculated
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↓
Net result weakened
Net result +262.5k NOK → +192.1k NOK (net margin 56.5% → 13.3%). Calculated
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↓
Equity eroded
Book equity 853.5k NOK → 45.6k NOK (equity ratio 56.4% → 3.0%). Calculated
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Cash fell
Bank deposits 630.9k NOK → 269.7k NOK (-57.2% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 0 NOK → 11.2k NOK (None YoY). Calculated
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Book investments changed
Investment / intangible book value 723.0k NOK → 925.3k NOK. Reported fact