Org.nr 914 483 549 2024 → 2025 Year-over-year analysis

NORSKE SKOG ASA: årsregnskap 2025 vs 2024

Returned to profit, cash halved-plus

approved 2026-04-16; registry 2026-07-01; journal 2026 523897

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for NORSKE SKOG ASA. Revenue 90.00m NOK → 92.00m NOK (+2.2%). Net result -432.00m NOK → +137.00m NOK. Equity 4.06bn NOK → 4.20bn NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for NORSKE SKOG ASA.

Scorecard

Revenue
90.00m NOK 92.00m NOK
+2.2%
Operating result
-60.00m NOK -40.00m NOK
+33.3%
Net result
-432.00m NOK +137.00m NOK
+131.7%
Equity
4.06bn NOK 4.20bn NOK
+3.4%
Cash
812.00m NOK 864.0k NOK
-99.9%
Total assets
6.43bn NOK 7.38bn NOK
+14.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 90.00m NOK to 92.00m NOK (+2.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -60.00m NOK → -40.00m NOK (op. margin -66.7% → -43.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 432.00m NOK to a profit of 137.00m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 4.06bn NOK → 4.20bn NOK (equity ratio 63.1% → 56.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 4.00bn NOK → 4.20bn NOK (+198.00m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 812.00m NOK → 864.0k NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (812.00m NOK → 864.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.67bn NOK → 4.96bn NOK. Reported fact