AD PROPERTY AS: årsregnskap 2025 vs 2024
Stronger earnings
registry 2026-04-11; journal 2026 370962
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for AD PROPERTY AS. Revenue 853.9k NOK → 862.6k NOK (+1.0%). Net result -263.2k NOK → -188.6k NOK. Equity 2.82m NOK → 1.23m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AD PROPERTY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 853.9k NOK to 862.6k NOK (+1.0% YoY). Calculated
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↑
Operating result improved
Operating result +513.0k NOK → +538.5k NOK (op. margin 60.1% → 62.4%). Calculated
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↑
Net result improved
Net result -263.2k NOK → -188.6k NOK (net margin -30.8% → -21.9%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 2.82m NOK → 1.23m NOK (equity ratio 19.4% → 9.3%). Calculated
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↓
Cash fell
Bank deposits 37.7k NOK → 30.2k NOK (-19.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation