Org.nr 932 570 556 2024 → 2025 Year-over-year analysis

NOVEM AS: årsregnskap 2025 vs 2024

Shrank 36% on revenue, weaker earnings, fresh owner capital

approved 2026-06-11; registry 2026-06-18; journal 2026 559624

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for NOVEM AS. Revenue 2.09m NOK → 1.33m NOK (-36.3%). Net result -1.97m NOK → -4.82m NOK. Equity 4.24m NOK → 12.13m NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for NOVEM AS.

Scorecard

Revenue
2.09m NOK 1.33m NOK
-36.3%
Operating result
-2.06m NOK -4.98m NOK
-142.0%
Net result
-1.97m NOK -4.82m NOK
-145.2%
Equity
4.24m NOK 12.13m NOK
+186.0%
Cash
4.42m NOK 11.62m NOK
+162.8%
Total assets
4.85m NOK 13.24m NOK
+172.8%

What improved

  • ↑

    Equity strengthened

    Book equity 4.24m NOK → 12.13m NOK (equity ratio 87.4% → 91.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.42m NOK → 11.62m NOK (+162.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 6.24m NOK → 12.13m NOK (+5.89m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.09m NOK to 1.33m NOK (-36.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -2.06m NOK → -4.98m NOK (op. margin -98.6% → -374.7%). Calculated

  • ↓

    Net result weakened

    Net result -1.97m NOK → -4.82m NOK (net margin -94.2% → -362.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.95m NOK → 3.26m NOK (141% → 246% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 10.1k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3.42 → 4.5. Reported fact