Org.nr 929 359 623 2023 → 2024 Year-over-year analysis

ADAM FLIS AS: årsregnskap 2024 vs 2023

Grew 74% on revenue, stronger earnings

approved 2025-04-30; registry 2025-05-05; journal 2025 409140

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADAM FLIS AS. Revenue 520.8k NOK → 905.5k NOK (+73.9%). Net result +124.9k NOK → +548.8k NOK. Equity 291.0k NOK → 839.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADAM FLIS AS.

Scorecard

Revenue
520.8k NOK 905.5k NOK
+73.9%
Operating result
+160.3k NOK +702.8k NOK
+338.6%
Net result
+124.9k NOK +548.8k NOK
+339.4%
Equity
291.0k NOK 839.9k NOK
+188.6%
Cash
455.7k NOK 642.8k NOK
+41.1%
Total assets
470.0k NOK 329.8k NOK
-29.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 520.8k NOK to 905.5k NOK (+73.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +160.3k NOK → +702.8k NOK (op. margin 30.8% → 77.6%). Calculated

  • ↑

    Net result improved

    Net result +124.9k NOK → +548.8k NOK (net margin 24.0% → 60.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 291.0k NOK → 839.9k NOK (equity ratio 61.9% → 254.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 455.7k NOK → 642.8k NOK (+41.1% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.63× → 0.38× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 178 NOK → 832.3k NOK (0% → 92% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 119.2k NOK → 55.7k NOK (-53.2% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 2. Reported fact