ADAMSTUEN BLIKKENSLAGERI AS: årsregnskap 2025 vs 2024
Shrank 12% on revenue, weaker earnings, cash halved-plus
approved 2026-06-29; registry 2026-08-22; journal 2026 738271
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADAMSTUEN BLIKKENSLAGERI AS. Revenue 38.08m NOK → 33.44m NOK (-12.2%). Net result +5.47m NOK → +3.06m NOK. Equity 10.30m NOK → 9.37m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ADAMSTUEN BLIKKENSLAGERI AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 13.24m NOK → 11.91m NOK (35% → 36% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 38.08m NOK to 33.44m NOK (-12.2% YoY). Calculated
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↓
Operating result weakened
Operating result +7.08m NOK → +4.01m NOK (op. margin 18.6% → 12.0%). Calculated
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↓
Net result weakened
Net result +5.47m NOK → +3.06m NOK (net margin 14.4% → 9.2%). Calculated
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↓
Equity eroded
Book equity 10.30m NOK → 9.37m NOK (equity ratio 45.8% → 57.9%). Calculated
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↓
Cash fell
Bank deposits 9.43m NOK → 2.56m NOK (-72.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (9.43m NOK → 2.56m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 9.23m NOK → 8.57m NOK (-7.1% YoY). Calculated