ADAN MACHINERY AS: årsregnskap 2024 vs 2023
Grew 513% on revenue, returned to profit
approved 2025-06-30; registry 2025-07-15; journal 2025 675005
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADAN MACHINERY AS. Revenue 17.2k NOK → 105.8k NOK (+513.3%). Net result -479.6k NOK → +77.9k NOK. Equity -262.9k NOK → -185.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: thin equity buffer; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADAN MACHINERY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 17.2k NOK to 105.8k NOK (+513.3% YoY). Calculated
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Operating result improved
Operating result -480.4k NOK → +39.8k NOK (op. margin -2785.1% → 37.6%). Calculated
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Turned profitable
Net result flipped from a loss of 479.6k NOK to a profit of 77.9k NOK. Calculated
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Equity strengthened
Book equity -262.9k NOK → -185.0k NOK (equity ratio -267.0% → -1175.1%). Calculated
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Cash rose
Bank deposits 3 989 NOK → 8 412 NOK (+110.9% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -1175.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 0 NOK → 45.3k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact