Org.nr 990 646 066 2024 → 2025 Year-over-year analysis

NYKODE THERAPEUTICS ASA: årsregnskap 2025 vs 2024

Shrank 95% on revenue, stronger earnings, fresh owner capital

approved 2026-05-13; registry 2026-08-10; journal 2026 705017

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for NYKODE THERAPEUTICS ASA. Revenue 9.16m NOK → 453.0k NOK (-95.1%). Net result -38.48m NOK → -12.67m NOK. Equity 140.14m NOK → 94.98m NOK.

On the constructive side: operating result improved; net result improved; owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for NYKODE THERAPEUTICS ASA.

Scorecard

Revenue
9.16m NOK 453.0k NOK
-95.1%
Operating result
-45.75m NOK -29.16m NOK
+36.3%
Net result
-38.48m NOK -12.67m NOK
+67.1%
Equity
140.14m NOK 94.98m NOK
-32.2%
Cash
114.02m NOK 59.27m NOK
-48.0%
Total assets
156.08m NOK 102.72m NOK
-34.2%

What improved

  • ↑

    Operating result improved

    Operating result -45.75m NOK → -29.16m NOK (op. margin -499.5% → -6437.5%). Calculated

  • ↑

    Net result improved

    Net result -38.48m NOK → -12.67m NOK (net margin -420.2% → -2797.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 144.9k NOK → 112.61m NOK (+112.47m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 19.74m NOK → 9.14m NOK (216% → 2018% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.16m NOK to 453.0k NOK (-95.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 140.14m NOK → 94.98m NOK (equity ratio 89.8% → 92.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 114.02m NOK → 59.27m NOK (-48.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.77m NOK → 4.58m NOK. Reported fact