AD ARKITEKTER AS: årsregnskap 2025 vs 2024
Stronger earnings, cash halved-plus
approved 2026-06-16; registry 2026-07-08; journal 2026 556543
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for AD ARKITEKTER AS. Revenue 14.78m NOK → 14.04m NOK (-5.0%). Net result +710.2k NOK → +2.39m NOK. Equity 439.5k NOK → 2.83m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AD ARKITEKTER AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +798.1k NOK → +3.12m NOK (op. margin 5.4% → 22.2%). Calculated
-
↑
Net result improved
Net result +710.2k NOK → +2.39m NOK (net margin 4.8% → 17.0%). Calculated
-
↑
Equity strengthened
Book equity 439.5k NOK → 2.83m NOK (equity ratio 4.9% → 42.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 14.78m NOK to 14.04m NOK (-5.0% YoY). Calculated
-
↓
Cash fell
Bank deposits 5.38m NOK → 1.60m NOK (-70.2% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 4.98m NOK → 5.10m NOK (34% → 36% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 144.7k NOK → 3.65m NOK (+2423.4% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (5.38m NOK → 1.60m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 27.9k NOK → 0 NOK. Reported fact