VOIM ASA: årsregnskap 2025 vs 2024
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2026-06-24; registry 2026-08-01; journal 2026 644683
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for VOIM ASA. Revenue 200.49m NOK → 241.4k NOK (-99.9%). Net result -9.31m NOK → -134.87m NOK. Equity 13.87m NOK → -121.00m NOK.
On the constructive side: current ratio back above 1×; owners injected capital. 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 VOIM ASA.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.00× → 3.07×. Calculated
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↑
Owners injected capital
Paid-in equity rose 546.6k NOK → 546.64m NOK (+546.10m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 200.49m NOK to 241.4k NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result -33.84m NOK → -96.16m NOK (op. margin -16.9% → -39826.0%). Calculated
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↓
Net result weakened
Net result -9.31m NOK → -134.87m NOK (net margin -4.6% → -55859.5%). Calculated
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↓
Equity eroded
Book equity 13.87m NOK → -121.00m NOK (equity ratio 3888.9% → -110.9%). Calculated
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↓
Cash fell
Bank deposits 101.91m NOK → 33.76m NOK (-66.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -110.9% 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 (101.91m NOK → 33.76m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 49.19m NOK → 886.0k NOK. Reported fact