ADCO AS: årsregnskap 2024 vs 2023
Weaker earnings, cash halved-plus
approved 2025-06-16; registry 2025-06-19; journal 2025 552276
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADCO AS. Net result +192.7k NOK → +116.3k NOK. Equity 11.77m NOK → 11.60m NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADCO AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -45.7k NOK → -36.4k NOK. Calculated
What deteriorated
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↓
Net result weakened
Net result +192.7k NOK → +116.3k NOK. Calculated
-
↓
Equity eroded
Book equity 11.77m NOK → 11.60m NOK (equity ratio 85.8% → 100.0%). Calculated
-
↓
Cash fell
Bank deposits 1.27m NOK → 432.9k NOK (-66.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.27m NOK → 432.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 9.56m NOK → 9.83m NOK. Reported fact