Org.nr 932 183 242 2023 → 2024 Year-over-year analysis

ADAVA HEALTH AS: årsregnskap 2024 vs 2023

Grew 110182% on revenue, weaker earnings

approved 2025-03-13; registry 2025-03-17; journal 2025 335510

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADAVA HEALTH AS. Revenue 11.6k NOK → 12.79m NOK (+110182.3%). Net result +2.97m NOK → +1.84m NOK. Equity 31.1k NOK → 32.6k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADAVA HEALTH AS.

Scorecard

Revenue
11.6k NOK 12.79m NOK
+110182.3%
Operating result
+3 788 NOK +2.34m NOK
+61583.7%
Net result
+2.97m NOK +1.84m NOK
-38.0%
Equity
31.1k NOK 32.6k NOK
+4.9%
Cash
3 831 NOK 1.39m NOK
+36212.4%
Total assets
4.57m NOK 3.86m NOK
-15.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.6k NOK to 12.79m NOK (+110182.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3 788 NOK → +2.34m NOK (op. margin 32.7% → 18.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 31.1k NOK → 32.6k NOK (equity ratio 0.7% → 0.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 3 831 NOK → 1.39m NOK (+36212.4% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +2.97m NOK → +1.84m NOK (net margin 25590.6% → 14.4%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 877.43× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4 342 NOK → 5.88m NOK (37% → 46% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1 275 NOK → 1.81m NOK (+142184.9% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 8. Reported fact