FirmaIQ
Org.nr 914 329 337 2024 → 2025 Year-over-year analysis

AD-MA HOLDING AS: årsregnskap 2025 vs 2024

Grew 18% on revenue, stronger earnings

approved 2026-06-19; registry 2026-08-05; journal 2026 689828

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2025 with 2024 for AD-MA HOLDING AS. Revenue 241.2k NOK → 284.6k NOK (+18.0%). Net result +2.38m NOK → +6.37m NOK. Equity 20.27m NOK → 20.04m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AD-MA HOLDING AS.

At a glance

Scorecard

Revenue
241.2k NOK 284.6k NOK
+18.0%
Operating result
-352.9k NOK -104.0k NOK
+70.5%
Net result
+2.38m NOK +6.37m NOK
+167.3%
Equity
20.27m NOK 20.04m NOK
-1.1%
Cash
714.2k NOK 630.0k NOK
-11.8%
Total assets
20.29m NOK 20.73m NOK
+2.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 241.2k NOK to 284.6k NOK (+18.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -352.9k NOK → -104.0k NOK (op. margin -146.3% → -36.5%). Calculated

  • ↑

    Net result improved

    Net result +2.38m NOK → +6.37m NOK (net margin 988.2% → 2239.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 20.27m NOK → 20.04m NOK (equity ratio 99.9% → 96.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 714.2k NOK → 630.0k NOK (-11.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 74.3k NOK → 39.0k NOK (-47.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.02m NOK → 1.00m NOK. Reported fact