AD NAVIGATION AS: årsregnskap 2025 vs 2024
Shrank 23% on revenue, slipped into loss, fresh owner capital
approved 2026-03-10; registry 2026-07-27; journal 2026 644672
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for AD NAVIGATION AS. Revenue 41.05m NOK → 31.56m NOK (-23.1%). Net result +5.30m NOK → -2.69m NOK. Equity 20.18m NOK → 19.85m NOK.
On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.
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
What improved
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↑
Cash rose
Bank deposits 5.77m NOK → 9.30m NOK (+61.2% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 1.64m NOK → 4.97m NOK (+3.33m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 41.05m NOK to 31.56m NOK (-23.1% YoY). Calculated
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↓
Operating result weakened
Operating result +6.11m NOK → -3.32m NOK (op. margin 14.9% → -10.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 5.30m NOK profit to a loss of 2.69m NOK. Calculated
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↓
Equity eroded
Book equity 20.18m NOK → 19.85m NOK (equity ratio 78.7% → 75.5%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 14.66m NOK → 7.84m NOK (-46.6% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 9.1 → 11.42. Reported fact