Org.nr 919 178 353 2024 → 2025 Year-over-year analysis

AD UND AS: årsregnskap 2025 vs 2024

Returned to profit

approved 2026-05-25; registry 2026-05-27; journal 2026 475112

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for AD UND AS. Revenue 1.62m NOK → 1.57m NOK (-2.8%). Net result -744.6k NOK → +881.5k NOK. Equity 1.07m NOK → 1.95m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; cogs moved.

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

Scorecard

Revenue
1.62m NOK 1.57m NOK
-2.8%
Operating result
+535.7k NOK +394.5k NOK
-26.4%
Net result
-744.6k NOK +881.5k NOK
+218.4%
Equity
1.07m NOK 1.95m NOK
+82.3%
Cash
47.3k NOK 577.7k NOK
+1121.8%
Total assets
10.33m NOK 21.05m NOK
+103.9%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 744.6k NOK to a profit of 881.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.07m NOK → 1.95m NOK (equity ratio 10.4% → 9.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 47.3k NOK → 577.7k NOK (+1121.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.99m NOK → 3 NOK (185% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.62m NOK to 1.57m NOK (-2.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +535.7k NOK → +394.5k NOK (op. margin 33.1% → 25.1%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 509 NOK → 119.5k NOK (+23379.2% 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