Cash at AquaGen rose 150.3% to NOK 198m in the year before its change of owner
AquaGen, the Norwegian salmon egg breeder, earned more after tax than its operations made in the year to June 2025, and its cash rose sharply. A new owner, a new …
Norway
DeepOcean earned NOK 1.5bn in 2025 and still ended the year with 43.0% less equity
Net profit at the Norwegian subsea company rose to NOK 1.5bn in 2025, yet equity fell to NOK 558m. More left the balance sheet than the year earned. The arithmetic …
SEC Norge added NOK 330m of sales in 2025 and kept an operating margin of just 1.2%
The Norwegian company turned an operating loss into a profit in 2025 on a sharp jump in revenue. The swing is real, but the margin behind it is thin enough …
Radionor Communications grew revenue fast and still ended the year holding more cash
Revenue at the Trondheim radio equipment maker rose from NOK 229m in 2023 to NOK 2.5bn in 2025. Growth that fast usually eats cash, yet margins widened and the cash …
Egde Consulting sold less in 2025 and still swung from a loss to a profit
Revenue at the Norwegian IT consultancy fell in 2025, yet a net loss turned into a net profit. The swing happened at the operating line, which is good news. Whether …
Since 2023 Epinova has grown its revenue by 18.3% a year on average
Revenue at the Oslo IT consultancy has grown fast for several years, and profit grew faster still in 2025. Equity and cash barely moved. When a growing company keeps none …
Hafslund's operations earned more in 2025 while its owners kept a thinner slice
Operating profit at the Oslo energy group rose much faster than net profit in 2025. Something between those two lines took a larger bite. Here is what usually sits in …
How did TripleNine Vedde's equity shrink 49.2% in a profitable year?
The Norwegian company earned NOK 3.2m in 2025, and its equity still fell from NOK 402m to NOK 204m. Profit cannot explain a fall like that. The likeliest explanation is …
One bad year could wipe out the NOK 88.8m that owners of CTS Nordics hold
The Norwegian company finished 2025 holding NOK 1.5bn in cash, yet its owners' equity covered only 3.0% of the balance sheet. That gap raises the question of who really funds …
Norsk Sjømat Stranda grew sales, held its margin and banked far more cash before a change of owner
Revenue at the Norwegian company rose 8.9% in 2025 and its margin barely moved. Its cash rose much faster, by 36.9%. The gap between a quiet income statement and a …