Org.nr 945 554 479 2023 → 2024 Year-over-year analysis

ADCO EIENDOMMER AS: årsregnskap 2024 vs 2023

Shrank 68% on revenue, weaker earnings, cash halved-plus

approved 2025-04-29; registry 2025-05-15; journal 2025 404478

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADCO EIENDOMMER AS. Revenue 7.35m NOK → 2.32m NOK (-68.4%). Net result +4.04m NOK → +124.4k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Revenue

7.35m NOK 2.32m NOK

-68.4%

Operating result

+206.4k NOK +61.3k NOK

-70.3%

Net result

+4.04m NOK +124.4k NOK

-96.9%

Equity

10.74m NOK n/m

—

Cash

469.3k NOK 193.5k NOK

-58.8%

Total assets

16.18m NOK 15.52m NOK

-4.1%

↓
Revenue fell

Operating income / revenue moved from 7.35m NOK to 2.32m NOK (-68.4% YoY). Calculated
↓
Operating result weakened

Operating result +206.4k NOK → +61.3k NOK (op. margin 2.8% → 2.6%). Calculated
↓
Net result weakened

Net result +4.04m NOK → +124.4k NOK (net margin 55.0% → 5.4%). Calculated
↓
Cash fell

Bank deposits 469.3k NOK → 193.5k NOK (-58.8% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 3.69× → 0.54× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated