Org.nr 917 103 801 2024 → 2025 Year-over-year analysis

Veidekke ASA: årsregnskap 2025 vs 2024

Grew 93133% on revenue, stronger earnings, cash halved-plus

registry 2026-07-13; journal 2026 555244

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for Veidekke ASA. Revenue 133.0k NOK → 124.00m NOK (+93133.1%). Net result +1.29m NOK → +1.64bn NOK. Equity 1.23bn NOK → 1.35bn NOK.

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

Also worth watching: sharp cash drawdown; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for Veidekke ASA.

Scorecard

Revenue
133.0k NOK 124.00m NOK
+93133.1%
Operating result
-186.00m NOK -195.00m NOK
-4.8%
Net result
+1.29m NOK +1.64bn NOK
+126638.8%
Equity
1.23bn NOK 1.35bn NOK
+10.3%
Cash
579.00m NOK 1.45m NOK
-99.8%
Total assets
5.15bn NOK 6.81bn NOK
+32.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 133.0k NOK to 124.00m NOK (+93133.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.29m NOK → +1.64bn NOK (net margin 972.9% → 1322.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.23bn NOK → 1.35bn NOK (equity ratio 23.8% → 19.9%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -186.00m NOK → -195.00m NOK (op. margin -139849.6% → -157.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 579.00m NOK → 1.45m NOK (-99.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (579.00m NOK → 1.45m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 486.00m NOK → 67.00m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 2.15m NOK → 3.16m NOK (1617% → 3% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3.21bn NOK → 3.29bn NOK. Reported fact