Org.nr 919 165 731 2024 → 2025 Year-over-year analysis

ADAM M HOLDING AS: årsregnskap 2025 vs 2024

Grew 6% on revenue, stronger earnings, cash halved-plus

approved 2026-04-22; registry 2026-04-23; journal 2026 394372

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADAM M HOLDING AS. Revenue 867.2k NOK → 920.4k NOK (+6.1%). Net result -711.7k NOK → -115.7k NOK. Equity 1.05m NOK → 936.6k NOK.

On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADAM M HOLDING AS.

Scorecard

Revenue
867.2k NOK 920.4k NOK
+6.1%
Operating result
+573.7k NOK +16.3k NOK
-97.2%
Net result
-711.7k NOK -115.7k NOK
+83.7%
Equity
1.05m NOK 936.6k NOK
-11.0%
Cash
36.7k NOK 15.5k NOK
-57.7%
Total assets
3.14m NOK 3.97m NOK
+26.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 867.2k NOK to 920.4k NOK (+6.1% YoY). Calculated

  • ↑

    Net result improved

    Net result -711.7k NOK → -115.7k NOK (net margin -82.1% → -12.6%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +573.7k NOK → +16.3k NOK (op. margin 66.2% → 1.8%). Calculated

  • ↓

    Equity eroded

    Book equity 1.05m NOK → 936.6k NOK (equity ratio 33.5% → 23.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 36.7k NOK → 15.5k NOK (-57.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 34.5k NOK (None YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 30.0k NOK → 94.0k NOK. Reported fact