ADAVA HOLDING AS: årsregnskap 2024 vs 2023
Grew 85% on revenue
approved 2025-05-28; registry 2025-06-02; journal 2025 502318
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADAVA HOLDING AS. Revenue 5.79m NOK → 10.73m NOK (+85.3%). Net result +645.4k NOK → +670.4k NOK. Equity 2.41m NOK → 3.08m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADAVA HOLDING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 5.79m NOK to 10.73m NOK (+85.3% YoY). Calculated
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Operating result improved
Operating result +844.5k NOK → +860.2k NOK (op. margin 14.6% → 8.0%). Calculated
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Equity strengthened
Book equity 2.41m NOK → 3.08m NOK (equity ratio 69.3% → 43.7%). Calculated
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Cash rose
Bank deposits 558.7k NOK → 736.8k NOK (+31.9% YoY). Calculated
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Payroll decreased
Salary cost 3.93m NOK → 2.91m NOK (68% → 27% of revenue). Calculated
What deteriorated
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Current ratio dropped below 1×
Current ratio 65.74× → 0.48× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS moved
COGS / varekostnad 25.2k NOK → 441.2k NOK (+1651.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 12.0k NOK → 30.0k NOK. Reported fact