ADAX NORGE AS: årsregnskap 2025 vs 2024
Grew 6% on revenue, weaker earnings
approved 2026-05-22; registry 2026-07-27; journal 2026 644063
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADAX NORGE AS. Revenue 9.44m NOK → 10.01m NOK (+6.1%). Net result +453.0k NOK → +216.3k NOK. Equity 2.57m NOK → 2.78m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAX NORGE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 9.44m NOK to 10.01m NOK (+6.1% YoY). Calculated
-
↑
Equity strengthened
Book equity 2.57m NOK → 2.78m NOK (equity ratio 38.7% → 62.8%). Calculated
-
↑
Cash rose
Bank deposits 561.2k NOK → 1.01m NOK (+79.2% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +544.7k NOK → +220.8k NOK (op. margin 5.8% → 2.2%). Calculated
-
↓
Net result weakened
Net result +453.0k NOK → +216.3k NOK (net margin 4.8% → 2.2%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 702.4k NOK → 854.6k NOK (7% → 9% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 6.65m NOK → 7.15m NOK (+7.6% YoY). Calculated