Org.nr 995 221 608 2023 → 2024 Year-over-year analysis

ADATO AS: årsregnskap 2024 vs 2023

Shrank 11% on revenue, weaker earnings, fresh owner capital

approved 2025-05-12; registry 2025-07-19; journal 2025 592739

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADATO AS. Revenue 7.86m NOK → 7.03m NOK (-10.6%). Net result -8.98m NOK → -17.14m NOK. Equity 56.1k NOK → -15.08m NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADATO AS.

Scorecard

Revenue
7.86m NOK 7.03m NOK
-10.6%
Operating result
-7.33m NOK -15.33m NOK
-109.3%
Net result
-8.98m NOK -17.14m NOK
-90.8%
Equity
56.1k NOK -15.08m NOK
-26965.8%
Cash
12.6k NOK 9 799 NOK
-22.1%
Total assets
43.52m NOK 16.52m NOK
-62.0%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 102.8k NOK → 18.60m NOK (+18.50m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.86m NOK to 7.03m NOK (-10.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -7.33m NOK → -15.33m NOK (op. margin -93.2% → -218.0%). Calculated

  • ↓

    Net result weakened

    Net result -8.98m NOK → -17.14m NOK (net margin -114.2% → -243.7%). Calculated

  • ↓

    Equity eroded

    Book equity 56.1k NOK → -15.08m NOK (equity ratio 0.1% → -91.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 12.6k NOK → 9 799 NOK (-22.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -91.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.49m NOK → 1.37m NOK (-7.7% YoY). Calculated