ZELLUNA ASA: årsregnskap 2025 vs 2024
Cash halved-plus, fresh owner capital
approved 2026-04-23; registry 2026-06-10; journal 2026 425633
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ZELLUNA ASA. Revenue 0 NOK → 6.11m NOK. Net result -232.41m NOK → -276.50m NOK. Equity 81.01m NOK → 300.42m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ZELLUNA ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 6.11m NOK. Calculated
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↑
Equity strengthened
Book equity 81.01m NOK → 300.42m NOK (equity ratio 71.4% → 97516.8%). Calculated
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↑
Owners injected capital
Paid-in equity rose 27.71m NOK → 249.11m NOK (+221.40m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -243.39m NOK → -278.62m NOK. Calculated
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↓
Net result weakened
Net result -232.41m NOK → -276.50m NOK. Calculated
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↓
Cash fell
Bank deposits 105.24m NOK → 12.63m NOK (-88.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (105.24m NOK → 12.63m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 1.99m NOK → 294.14m NOK. Reported fact