Org.nr 933 077 446 2024 → 2025 Year-over-year analysis

AD NORA AS: årsregnskap 2025 vs 2024

Grew 371% on revenue, slipped into loss

approved 2026-06-05; registry 2026-06-16; journal 2026 550223

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AD NORA AS. Revenue 271.6k NOK → 1.28m NOK (+371.3%). Net result +9 208 NOK → -177.5k NOK. Equity 37.1k NOK → -138.2k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AD NORA AS.

Scorecard

Revenue
271.6k NOK 1.28m NOK
+371.3%
Operating result
+11.2k NOK -186.1k NOK
-1765.7%
Net result
+9 208 NOK -177.5k NOK
-2027.2%
Equity
37.1k NOK -138.2k NOK
-472.4%
Cash
4 427 NOK 4 905 NOK
+10.8%
Total assets
109.3k NOK 471.4k NOK
+331.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 271.6k NOK to 1.28m NOK (+371.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +11.2k NOK → -186.1k NOK (op. margin 4.1% → -14.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 9 208 NOK profit to a loss of 177.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 37.1k NOK → -138.2k NOK (equity ratio 34.0% → -29.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -29.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 244.1k NOK → 1.43m NOK (+484.2% YoY). Calculated