VERDIPAPIRSENTRALEN ASA: årsregnskap 2025 vs 2024
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2026-04-08; registry 2026-08-06; journal 2026 688944
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for VERDIPAPIRSENTRALEN ASA. Revenue 708.87m NOK → 755.7k NOK (-99.9%). Net result +298.53m NOK → +380.8k NOK. Equity 891.39m NOK → 957.4k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for VERDIPAPIRSENTRALEN ASA.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 139.65m NOK → 143.0k NOK (20% → 19% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 708.87m NOK to 755.7k NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result +361.90m NOK → +374.8k NOK (op. margin 51.1% → 49.6%). Calculated
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↓
Net result weakened
Net result +298.53m NOK → +380.8k NOK (net margin 42.1% → 50.4%). Calculated
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↓
Equity eroded
Book equity 891.39m NOK → 957.4k NOK (equity ratio 78.5% → 0.1%). Calculated
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↓
Cash fell
Bank deposits 375.27m NOK → 405.9k NOK (-99.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (375.27m NOK → 405.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 74.00m NOK → 77.35m NOK. Reported fact