Org.nr 929 160 878 2023 → 2024 Year-over-year analysis

ADCURO AS: årsregnskap 2024 vs 2023

Grew 77% on revenue, cash halved-plus, fresh owner capital

approved 2025-05-07; registry 2025-05-14; journal 2025 431588

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADCURO AS. Revenue 562.1k NOK → 994.6k NOK (+76.9%). Net result +66.8k NOK → +77.0k NOK. Equity 89.3k NOK → 166.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

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

Scorecard

Revenue
562.1k NOK 994.6k NOK
+76.9%
Operating result
+83.5k NOK +99.2k NOK
+18.7%
Net result
+66.8k NOK +77.0k NOK
+15.2%
Equity
89.3k NOK 166.2k NOK
+86.2%
Cash
81.1k NOK 11.4k NOK
-85.9%
Total assets
393.2k NOK 232.6k NOK
-40.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 562.1k NOK to 994.6k NOK (+76.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +83.5k NOK → +99.2k NOK (op. margin 14.9% → 10.0%). Calculated

  • ↑

    Net result improved

    Net result +66.8k NOK → +77.0k NOK (net margin 11.9% → 7.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 89.3k NOK → 166.2k NOK (equity ratio 22.7% → 71.5%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 81.1k NOK → 11.4k NOK (-85.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 0 NOK → 92.6k NOK (0% → 9% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 462.8k NOK → 700.3k NOK (+51.3% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 0.15. Reported fact