ADAS BYGG AS: årsregnskap 2024 vs 2023
Grew 5% on revenue, stronger earnings, cash halved-plus
approved 2025-06-30; registry 2025-07-02; journal 2025 611483
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADAS BYGG AS. Revenue 1.30m NOK → 1.36m NOK (+5.1%). Net result +25.0k NOK → +100.3k NOK. Equity 55.0k NOK → 155.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAS BYGG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.30m NOK to 1.36m NOK (+5.1% YoY). Calculated
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Operating result improved
Operating result +32.3k NOK → +132.7k NOK (op. margin 2.5% → 9.7%). Calculated
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Net result improved
Net result +25.0k NOK → +100.3k NOK (net margin 1.9% → 7.4%). Calculated
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Equity strengthened
Book equity 55.0k NOK → 155.3k NOK (equity ratio 15.9% → 23.4%). Calculated
What deteriorated
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Cash fell
Bank deposits 255.9k NOK → 99.6k NOK (-61.1% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.07× → 0.71× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 1.71m NOK → 2.67m NOK (132% → 196% of revenue). Calculated
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COGS moved
COGS / varekostnad 286.0k NOK → 343.8k NOK (+20.2% YoY). Calculated