FirmaIQ
Org.nr 985 253 846 2023 → 2024 Year-over-year analysis

AD NAVIGATION AS: årsregnskap 2024 vs 2023

Weaker earnings

approved 2025-06-26; registry 2025-07-26; journal 2025 700630

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for AD NAVIGATION AS. Revenue 39.40m NOK → 41.05m NOK (+4.2%). Net result +8.14m NOK → +5.30m NOK. Equity 16.88m NOK → 20.18m NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AD NAVIGATION AS.

At a glance

Scorecard

Revenue
39.40m NOK 41.05m NOK
+4.2%
Operating result
+10.25m NOK +6.11m NOK
-40.4%
Net result
+8.14m NOK +5.30m NOK
-34.8%
Equity
16.88m NOK 20.18m NOK
+19.6%
Cash
8.06m NOK 5.77m NOK
-28.4%
Total assets
22.99m NOK 25.65m NOK
+11.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 39.40m NOK to 41.05m NOK (+4.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 16.88m NOK → 20.18m NOK (equity ratio 73.4% → 78.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +10.25m NOK → +6.11m NOK (op. margin 26.0% → 14.9%). Calculated

  • ↓

    Net result weakened

    Net result +8.14m NOK → +5.30m NOK (net margin 20.6% → 12.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.06m NOK → 5.77m NOK (-28.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 15.89m NOK → 14.66m NOK (-7.7% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 6.2 → 9.1. Reported fact