Org.nr 967 598 593 2024 → 2025 Year-over-year analysis

PHOTOCURE ASA: årsregnskap 2025 vs 2024

Slipped into loss, fresh owner capital

approved 2026-06-26; registry 2026-08-18; journal 2026 716584

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for PHOTOCURE ASA. Revenue 333.75m NOK → 324.06m NOK (-2.9%). Net result +24.89m NOK → -76.01m NOK. Equity 833.2k NOK → 746.25m NOK.

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

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

Scorecard

Revenue
333.75m NOK 324.06m NOK
-2.9%
Operating result
+6.98m NOK -28.18m NOK
-503.7%
Net result
+24.89m NOK -76.01m NOK
-405.4%
Equity
833.2k NOK 746.25m NOK
+89469.3%
Cash
58.89m NOK 211.47m NOK
+259.1%
Total assets
1.07bn NOK 1.01bn NOK
-5.5%

What improved

  • ↑

    Equity strengthened

    Book equity 833.2k NOK → 746.25m NOK (equity ratio 0.1% → 73.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 58.89m NOK → 211.47m NOK (+259.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 2065.33×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 490.3k NOK → 480.21m NOK (+479.72m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 333.75m NOK to 324.06m NOK (-2.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.98m NOK → -28.18m NOK (op. margin 2.1% → -8.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 24.89m NOK profit to a loss of 76.01m NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 420.5k NOK → 375.59m NOK. Reported fact