ADAVA HOLDING AS: årsregnskap 2025 vs 2024
Shrank 58% on revenue, weaker earnings, cash halved-plus
approved 2026-07-02; registry 2026-08-12; journal 2026 710418
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADAVA HOLDING AS. Revenue 10.73m NOK → 4.54m NOK (-57.7%). Net result +670.4k NOK → +173.6k NOK. Equity 3.08m NOK → 5.53m NOK.
On the constructive side: operating result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADAVA HOLDING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +860.2k NOK → +2.58m NOK (op. margin 8.0% → 56.9%). Calculated
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Equity strengthened
Book equity 3.08m NOK → 5.53m NOK (equity ratio 43.7% → 60.9%). Calculated
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Current ratio back above 1×
Current ratio 0.48× → 1.29×. Calculated
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Payroll decreased
Salary cost 2.91m NOK → 2.30m NOK (27% → 51% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 10.73m NOK to 4.54m NOK (-57.7% YoY). Calculated
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Net result weakened
Net result +670.4k NOK → +173.6k NOK (net margin 6.2% → 3.8%). Calculated
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Cash fell
Bank deposits 736.8k NOK → 163.0k NOK (-77.9% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 30.0k NOK → 7 NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 2 → 0. Reported fact