Org.nr 891 797 702 2024 → 2025 Year-over-year analysis

NORTH ENERGY ASA: årsregnskap 2025 vs 2024

Slipped into loss

approved 2026-04-14; registry 2026-09-01; journal 2026 749570

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for NORTH ENERGY ASA. Revenue 90.0k NOK → 90.0k NOK (0.0%). Net result +33.31m NOK → -17.32m NOK. Equity 390.3k NOK → 355.41m NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; cash fell.

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

Scorecard

Revenue
90.0k NOK 90.0k NOK
0.0%
Operating result
-25.06m NOK -28.65m NOK
-14.3%
Net result
+33.31m NOK -17.32m NOK
-152.0%
Equity
390.3k NOK 355.41m NOK
+90956.7%
Cash
101.92m NOK 100.92m NOK
-1.0%
Total assets
397.5k NOK 447.16m NOK
+112384.6%

What improved

  • ↑

    Equity strengthened

    Book equity 390.3k NOK → 355.41m NOK (equity ratio 98.2% → 79.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.03× → 2.11×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -25.06m NOK → -28.65m NOK (op. margin -27847.8% → -31832.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 33.31m NOK profit to a loss of 17.32m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 101.92m NOK → 100.92m NOK (-1.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 15.28m NOK → 22.77m NOK (16980% → 25297% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 973.25m NOK → 957.28m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 261.2k NOK → 261.54m NOK. Reported fact