ABRADO AS: årsregnskap 2025 vs 2024
Grew 181% on revenue, weaker earnings, cash halved-plus
approved 2026-06-25; registry 2026-07-07; journal 2026 649574
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ABRADO AS. Revenue 661.0k NOK → 1.86m NOK (+180.9%). Net result +559.6k NOK → +326.4k NOK. Equity 764.9k NOK → 85.7k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABRADO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 661.0k NOK to 1.86m NOK (+180.9% YoY). Calculated
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Payroll decreased
Salary cost 2.84m NOK → 3 NOK (430% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +698.5k NOK → +620.1k NOK (op. margin 105.7% → 33.4%). Calculated
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↓
Net result weakened
Net result +559.6k NOK → +326.4k NOK (net margin 84.7% → 17.6%). Calculated
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↓
Equity eroded
Book equity 764.9k NOK → 85.7k NOK (equity ratio 448.1% → 5.8%). Calculated
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Cash fell
Bank deposits 793.3k NOK → 364.3k NOK (-54.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 3 899 NOK → 9 422 NOK (+141.7% YoY). Calculated
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Book investments changed
Investment / intangible book value 205.9k NOK → 205 NOK. Reported fact