ADAX NORGE AS: årsregnskap 2024 vs 2023
Shrank 15% on revenue, stronger earnings
approved 2025-06-30; registry 2025-07-09; journal 2025 651278
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADAX NORGE AS. Revenue 11.16m NOK → 9.44m NOK (-15.5%). Net result +304.0k NOK → +453.0k NOK. Equity 2.11m NOK → 2.57m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAX NORGE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +366.5k NOK → +544.7k NOK (op. margin 3.3% → 5.8%). Calculated
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↑
Net result improved
Net result +304.0k NOK → +453.0k NOK (net margin 2.7% → 4.8%). Calculated
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↑
Equity strengthened
Book equity 2.11m NOK → 2.57m NOK (equity ratio 47.9% → 38.7%). Calculated
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↑
Payroll decreased
Salary cost 834.5k NOK → 702.4k NOK (7% → 7% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 11.16m NOK to 9.44m NOK (-15.5% YoY). Calculated
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↓
Cash fell
Bank deposits 937.9k NOK → 561.2k NOK (-40.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 8.30m NOK → 6.65m NOK (-19.9% YoY). Calculated