Org.nr 993 554 790 2023 → 2024 Year-over-year analysis

AD MALERARBEID AS: årsregnskap 2024 vs 2023

Grew 55% on revenue, stronger earnings

approved 2025-06-23; registry 2025-06-26; journal 2025 579086

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AD MALERARBEID AS. Revenue 5.64m NOK → 8.77m NOK (+55.4%). Net result +681.1k NOK → +3.70m NOK. Equity 429.9k NOK → 4.63m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AD MALERARBEID AS.

Scorecard

Revenue
5.64m NOK 8.77m NOK
+55.4%
Operating result
+177.5k NOK +4.67m NOK
+2529.1%
Net result
+681.1k NOK +3.70m NOK
+443.8%
Equity
429.9k NOK 4.63m NOK
+977.0%
Cash
3.55m NOK 5.36m NOK
+51.2%
Total assets
4.56m NOK 7.77m NOK
+70.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.64m NOK to 8.77m NOK (+55.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +177.5k NOK → +4.67m NOK (op. margin 3.1% → 53.2%). Calculated

  • ↑

    Net result improved

    Net result +681.1k NOK → +3.70m NOK (net margin 12.1% → 42.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 429.9k NOK → 4.63m NOK (equity ratio 9.4% → 59.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.55m NOK → 5.36m NOK (+51.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 52.3k NOK → 74.2k NOK (+41.8% YoY). Calculated