ABEL DIGITAL SECURITY AS: årsregnskap 2025 vs 2024
Grew 623% on revenue, weaker earnings
approved 2026-05-28; registry 2026-06-01; journal 2026 496936
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ABEL DIGITAL SECURITY AS. Revenue 259.8k NOK → 1.88m NOK (+622.7%). Net result -207.0k NOK → -306.8k NOK. Equity 273.6k NOK → -33.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABEL DIGITAL SECURITY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 259.8k NOK to 1.88m NOK (+622.7% YoY). Calculated
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↑
Cash rose
Bank deposits 129.8k NOK → 492.0k NOK (+278.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -276.0k NOK → -293.3k NOK (op. margin -106.3% → -15.6%). Calculated
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↓
Net result weakened
Net result -207.0k NOK → -306.8k NOK (net margin -79.7% → -16.3%). Calculated
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↓
Equity eroded
Book equity 273.6k NOK → -33.1k NOK (equity ratio 39.8% → -3.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.66× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1 061 NOK → 1.62m NOK (0% → 86% of revenue). Calculated
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COGS moved
COGS / varekostnad 399.3k NOK → 446.5k NOK (+11.8% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1 → 2. Reported fact