Org.nr 976 145 178 2024 → 2025 Year-over-year analysis

ADDSECURE AS: årsregnskap 2025 vs 2024

Shrank 11% on revenue

approved 2026-05-26; registry 2026-07-13; journal 2026 574570

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADDSECURE AS. Revenue 266.11m NOK → 237.28m NOK (-10.8%). Net result +7.12bn NOK → +7.13bn NOK. Equity 7.50bn NOK → 7.63bn NOK.

On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADDSECURE AS.

Scorecard

Revenue
266.11m NOK 237.28m NOK
-10.8%
Operating result
+115.32m NOK +116.30m NOK
+0.8%
Net result
+7.12bn NOK +7.13bn NOK
+0.1%
Equity
7.50bn NOK 7.63bn NOK
+1.7%
Cash
2.49m NOK 1.80m NOK
-27.4%
Total assets
741.35m NOK 873.53m NOK
+17.8%

What improved

  • ↑

    Operating result improved

    Operating result +115.32m NOK → +116.30m NOK (op. margin 43.3% → 49.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 7.50bn NOK → 7.63bn NOK (equity ratio 1012.1% → 873.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 58.68m NOK → 51.54m NOK (22% → 22% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 266.11m NOK to 237.28m NOK (-10.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 2.49m NOK → 1.80m NOK (-27.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 67.67m NOK → 49.45m NOK (-26.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 323.50m NOK → 358.24m NOK. Reported fact