AD UNDAS AS: årsregnskap 2025 vs 2024
Grew 41% on revenue, stronger earnings
approved 2026-05-28; registry 2026-06-15; journal 2026 543842
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for AD UNDAS AS. Revenue 5.96m NOK → 8.42m NOK (+41.2%). Net result +532.7k NOK → +928.0k NOK. Equity 170.9k NOK → 1.40m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AD UNDAS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.96m NOK to 8.42m NOK (+41.2% YoY). Calculated
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↑
Net result improved
Net result +532.7k NOK → +928.0k NOK (net margin 8.9% → 11.0%). Calculated
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↑
Equity strengthened
Book equity 170.9k NOK → 1.40m NOK (equity ratio 9.0% → 34.2%). Calculated
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↑
Cash rose
Bank deposits 376.1k NOK → 628.7k NOK (+67.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +702.9k NOK → +222.4k NOK (op. margin 11.8% → 2.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.06m NOK → 1.32m NOK (18% → 16% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.21m NOK → 4.29m NOK (+33.8% YoY). Calculated