Org.nr 919 984 864 2023 → 2024 Year-over-year analysis

ADAMUSIC AS: årsregnskap 2024 vs 2023

Shrank 29% on revenue, slipped into loss

approved 2025-07-11; registry 2025-07-14; journal 2025 672289

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADAMUSIC AS. Revenue 1.78m NOK → 1.27m NOK (-28.6%). Net result +255.6k NOK → -50.7k NOK. Equity 3.21m NOK → 3.16m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAMUSIC AS.

Scorecard

Revenue
1.78m NOK 1.27m NOK
-28.6%
Operating result
+333.6k NOK -69.3k NOK
-120.8%
Net result
+255.6k NOK -50.7k NOK
-119.8%
Equity
3.21m NOK 3.16m NOK
-1.6%
Cash
268.6k NOK 704.1k NOK
+162.2%
Total assets
3.62m NOK 3.55m NOK
-2.1%

What improved

  • ↑

    Cash rose

    Bank deposits 268.6k NOK → 704.1k NOK (+162.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.81m NOK → 2.78m NOK (158% → 218% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.78m NOK to 1.27m NOK (-28.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +333.6k NOK → -69.3k NOK (op. margin 18.7% → -5.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 255.6k NOK profit to a loss of 50.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.21m NOK → 3.16m NOK (equity ratio 88.7% → 89.1%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 34.3k NOK → -63.5k NOK (-285.1% YoY). Calculated