Org.nr 933 739 384 2024 → 2025 Year-over-year analysis

VEND MARKETPLACES ASA: årsregnskap 2025 vs 2024

Grew 30437% on revenue, weaker earnings, cash halved-plus

approved 2026-04-30; registry 2026-08-04; journal 2026 674424

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for VEND MARKETPLACES ASA. Revenue 298.0k NOK → 91.00m NOK (+30436.9%). Net result +33.69bn NOK → +4.08bn NOK. Equity 33.82bn NOK → 30.05bn NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for VEND MARKETPLACES ASA.

Scorecard

Revenue
298.0k NOK 91.00m NOK
+30436.9%
Operating result
-335.00m NOK -312.00m NOK
+6.9%
Net result
+33.69bn NOK +4.08bn NOK
-87.9%
Equity
33.82bn NOK 30.05bn NOK
-11.1%
Cash
5.40bn NOK 2.31bn NOK
-57.2%
Total assets
38.44bn NOK 34.39bn NOK
-10.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 298.0k NOK to 91.00m NOK (+30436.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -335.00m NOK → -312.00m NOK (op. margin -112416.1% → -342.9%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +33.69bn NOK → +4.08bn NOK (net margin 11304362.4% → 4482.4%). Calculated

  • ↓

    Equity eroded

    Book equity 33.82bn NOK → 30.05bn NOK (equity ratio 88.0% → 87.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.40bn NOK → 2.31bn NOK (-57.2% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 7.76bn NOK → 7.68bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 32.41bn NOK → 31.71bn NOK. Reported fact