A2D TRAVEL & CONCIERGE AS: årsregnskap 2025 vs 2024
Grew 34% on revenue, weaker earnings
approved 2026-05-26; registry 2026-06-16; journal 2026 481254
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for A2D TRAVEL & CONCIERGE AS. Revenue 11.78m NOK → 15.77m NOK (+33.9%). Net result +3.57m NOK → +22.8k NOK. Equity 39.3k NOK → 62.1k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A2D TRAVEL & CONCIERGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 11.78m NOK to 15.77m NOK (+33.9% YoY). Calculated
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↑
Equity strengthened
Book equity 39.3k NOK → 62.1k NOK (equity ratio 0.5% → 1.3%). Calculated
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↑
Cash rose
Bank deposits 559.5k NOK → 563.2k NOK (+0.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.05× → 1.01×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +796.2k NOK → +110.7k NOK (op. margin 6.8% → 0.7%). Calculated
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↓
Net result weakened
Net result +3.57m NOK → +22.8k NOK (net margin 30.3% → 0.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 425 NOK → 2.69m NOK (0% → 17% of revenue). Calculated
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COGS moved
COGS / varekostnad 7.49m NOK → 12.10m NOK (+61.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 4.78m NOK → 4 775 NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 0 → 3. Reported fact