AD NOTAM FORLAG AS: årsregnskap 2024 vs 2023
Grew 152% on revenue, weaker earnings, cash halved-plus
approved 2025-06-10; registry 2025-06-26; journal 2025 570588
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AD NOTAM FORLAG AS. Revenue 69.3k NOK → 174.4k NOK (+151.5%). Net result -107.4k NOK → -329.4k NOK. Equity -1.13m NOK → -1.46m NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AD NOTAM FORLAG AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 69.3k NOK to 174.4k NOK (+151.5% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.59× → 1.89×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -62.0k NOK → -327.3k NOK (op. margin -89.5% → -187.7%). Calculated
-
↓
Net result weakened
Net result -107.4k NOK → -329.4k NOK (net margin -154.9% → -188.9%). Calculated
-
↓
Equity eroded
Book equity -1.13m NOK → -1.46m NOK (equity ratio -1136.7% → -1845.5%). Calculated
-
↓
Cash fell
Bank deposits 28.8k NOK → 6 922 NOK (-76.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -1845.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 70.7k NOK → 390.1k NOK (+451.7% YoY). Calculated