Org.nr 931 593 153 2024 → 2025 Year-over-year analysis

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

Full company analysis · All year comparisons

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.

Scorecard

Revenue
38.08m NOK 33.44m NOK
-12.2%
Operating result
+7.08m NOK +4.01m NOK
-43.4%
Net result
+5.47m NOK +3.06m NOK
-43.9%
Equity
10.30m NOK 9.37m NOK
-9.1%
Cash
9.43m NOK 2.56m NOK
-72.8%
Total assets
22.51m NOK 16.19m NOK
-28.1%

What improved

  • ↑

    Payroll decreased

    Salary cost 13.24m NOK → 11.91m NOK (35% → 36% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 38.08m NOK to 33.44m NOK (-12.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +7.08m NOK → +4.01m NOK (op. margin 18.6% → 12.0%). Calculated

  • ↓

    Net result weakened

    Net result +5.47m NOK → +3.06m NOK (net margin 14.4% → 9.2%). Calculated

  • ↓

    Equity eroded

    Book equity 10.30m NOK → 9.37m NOK (equity ratio 45.8% → 57.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 9.43m NOK → 2.56m NOK (-72.8% YoY). Calculated

Things to notice

  • ·

    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

  • ·

    COGS fell

    COGS / varekostnad 9.23m NOK → 8.57m NOK (-7.1% YoY). Calculated