ADA SOGNDAL E AS: årsregnskap 2024 vs 2023
Grew 261% on revenue, stronger earnings
approved 2025-06-13; registry 2025-06-21; journal 2025 545797
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADA SOGNDAL E AS. Revenue 116.8k NOK → 422.2k NOK (+261.4%). Net result -6.54m NOK → -2.10m NOK. Equity 260.6k NOK → 122.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ADA SOGNDAL E AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 116.8k NOK to 422.2k NOK (+261.4% YoY). Calculated
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Operating result improved
Operating result -6.55m NOK → +516.6k NOK (op. margin -5608.1% → 122.4%). Calculated
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Net result improved
Net result -6.54m NOK → -2.10m NOK (net margin -5596.4% → -496.6%). Calculated
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Cash rose
Bank deposits 3 011 NOK → 504.0k NOK (+16637.5% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.26× → 3.92×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 260.6k NOK → 122.0k NOK (equity ratio 0.6% → 0.3%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 260.6k NOK → 122.0k NOK — check capital reduction, conversion, or reclassification. Interpretation