Org.nr 921 351 364 2024 → 2025 Year-over-year analysis

AD PROPERTY AS: årsregnskap 2025 vs 2024

Stronger earnings

registry 2026-04-11; journal 2026 370962

Full company analysis · All year comparisons

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.

Scorecard

Revenue
853.9k NOK 862.6k NOK
+1.0%
Operating result
+513.0k NOK +538.5k NOK
+5.0%
Net result
-263.2k NOK -188.6k NOK
+28.3%
Equity
2.82m NOK 1.23m NOK
-56.3%
Cash
37.7k NOK 30.2k NOK
-19.9%
Total assets
14.51m NOK 13.29m NOK
-8.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 853.9k NOK to 862.6k NOK (+1.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +513.0k NOK → +538.5k NOK (op. margin 60.1% → 62.4%). Calculated

  • ↑

    Net result improved

    Net result -263.2k NOK → -188.6k NOK (net margin -30.8% → -21.9%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.82m NOK → 1.23m NOK (equity ratio 19.4% → 9.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 37.7k NOK → 30.2k NOK (-19.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation