ADAMEK BYGG AS: årsregnskap 2024 vs 2023
Grew 11% on revenue, returned to profit, cash halved-plus
approved 2025-05-15; registry 2025-06-17; journal 2025 525083
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADAMEK BYGG AS. Revenue 11.63m NOK → 12.88m NOK (+10.8%). Net result -173.6k NOK → +957.7k NOK. Equity 559.0k NOK → 516.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ADAMEK BYGG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 11.63m NOK to 12.88m NOK (+10.8% YoY). Calculated
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Operating result improved
Operating result -84.0k NOK → +1.36m NOK (op. margin -0.7% → 10.6%). Calculated
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Turned profitable
Net result flipped from a loss of 173.6k NOK to a profit of 957.7k NOK. Calculated
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Current ratio back above 1×
Current ratio 0.70× → 1.11×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 559.0k NOK → 516.6k NOK (equity ratio 10.6% → 8.2%). Calculated
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Cash fell
Bank deposits 6.76m NOK → 1.83m NOK (-73.0% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 8.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Sharp cash drawdown
Cash fell by more than 60% YoY (6.76m NOK → 1.83m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 6.97m NOK → 7.57m NOK (60% → 59% of revenue). Calculated
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COGS fell
COGS / varekostnad 2.20m NOK → 1.95m NOK (-11.6% YoY). Calculated