Org.nr 929 897 404 2024 → 2025 Year-over-year analysis

SOLVANG ASA: årsregnskap 2025 vs 2024

Stronger earnings, cash halved-plus

approved 2026-06-16; registry 2026-08-20; journal 2026 735319

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for SOLVANG ASA. Revenue 89.49m NOK → 88.65m NOK (-0.9%). Net result +584.2k NOK → +1.59m NOK. Equity 2.74bn NOK → 2.94bn NOK.

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

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

Scorecard

Revenue
89.49m NOK 88.65m NOK
-0.9%
Operating result
-18.62m NOK -35.60m NOK
-91.2%
Net result
+584.2k NOK +1.59m NOK
+172.9%
Equity
2.74bn NOK 2.94bn NOK
+7.2%
Cash
361.51m NOK 162.62m NOK
-55.0%
Total assets
6.25bn NOK 4.95bn NOK
-20.8%

What improved

  • ↑

    Net result improved

    Net result +584.2k NOK → +1.59m NOK (net margin 0.7% → 1.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.74bn NOK → 2.94bn NOK (equity ratio 43.9% → 59.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.75× → 514.04×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 89.49m NOK to 88.65m NOK (-0.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -18.62m NOK → -35.60m NOK (op. margin -20.8% → -40.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 361.51m NOK → 162.62m NOK (-55.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 84.02m NOK → 95.97m NOK (94% → 108% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5.83bn NOK → 4.65bn NOK. Reported fact