Org.nr 926 462 016 2024 → 2025 Year-over-year analysis

ADAM AS: årsregnskap 2025 vs 2024

Shrank 42% on revenue, slipped into loss, cash halved-plus

approved 2026-06-22; registry 2026-06-23; journal 2026 572180

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADAM AS. Revenue 6.47m NOK → 3.78m NOK (-41.6%). Net result +41.0k NOK → -516.5k NOK. Equity 656.9k NOK → 40.4k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADAM AS.

Scorecard

Revenue
6.47m NOK 3.78m NOK
-41.6%
Operating result
+65.8k NOK -516.6k NOK
-885.1%
Net result
+41.0k NOK -516.5k NOK
-1360.6%
Equity
656.9k NOK 40.4k NOK
-93.8%
Cash
776.5k NOK 305.6k NOK
-60.7%
Total assets
n/m 610.4k NOK
—

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.47m NOK to 3.78m NOK (-41.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +65.8k NOK → -516.6k NOK (op. margin 1.0% → -13.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 41.0k NOK profit to a loss of 516.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 656.9k NOK → 40.4k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 776.5k NOK → 305.6k NOK (-60.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 57.5k NOK → 37.8k NOK (-34.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 22.5k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 9.53 → 4.85. Reported fact