FirmaIQ
Org.nr 983 847 412 2023 → 2024 Year-over-year analysis

ADCARE AS: årsregnskap 2024 vs 2023

Grew 25% on revenue, stronger earnings

approved 2025-01-14; registry 2025-01-16; journal 2025 301409

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADCARE AS. Revenue 78.51m NOK → 98.44m NOK (+25.4%). Net result +9.10m NOK → +14.48m NOK. Equity 14.90m NOK → 29.38m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
78.51m NOK 98.44m NOK
+25.4%
Operating result
+12.84m NOK +19.02m NOK
+48.1%
Net result
+9.10m NOK +14.48m NOK
+59.1%
Equity
14.90m NOK 29.38m NOK
+97.2%
Cash
439.4k NOK 1.29m NOK
+192.5%
Total assets
35.49m NOK 51.10m NOK
+44.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 78.51m NOK to 98.44m NOK (+25.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +12.84m NOK → +19.02m NOK (op. margin 16.4% → 19.3%). Calculated

  • ↑

    Net result improved

    Net result +9.10m NOK → +14.48m NOK (net margin 11.6% → 14.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 14.90m NOK → 29.38m NOK (equity ratio 42.0% → 57.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 439.4k NOK → 1.29m NOK (+192.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 12.00m NOK → 15.36m NOK (15% → 16% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 42.00m NOK → 52.10m NOK (+24.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 11 → 12.5. Reported fact