Org.nr 935 333 156 2023 → 2024 Year-over-year analysis

ADECCO NORGE AS: årsregnskap 2024 vs 2023

Shrank 12% on revenue

approved 2025-06-19; registry 2025-07-02; journal 2025 613184

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADECCO NORGE AS. Revenue 1.75bn NOK → 1.53bn NOK (-12.4%). Net result -44.48m NOK → -38.60m NOK. Equity 171.91m NOK → 157.61m NOK.

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

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADECCO NORGE AS.

Scorecard

Revenue
1.75bn NOK 1.53bn NOK
-12.4%
Operating result
-84.31m NOK -48.75m NOK
+42.2%
Net result
-44.48m NOK -38.60m NOK
+13.2%
Equity
171.91m NOK 157.61m NOK
-8.3%
Cash
6.27m NOK 6.43m NOK
+2.5%
Total assets
824.19m NOK 786.25m NOK
-4.6%

What improved

  • ↑

    Operating result improved

    Operating result -84.31m NOK → -48.75m NOK (op. margin -4.8% → -3.2%). Calculated

  • ↑

    Net result improved

    Net result -44.48m NOK → -38.60m NOK (net margin -2.5% → -2.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.27m NOK → 6.43m NOK (+2.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.37bn NOK → 1.22bn NOK (78% → 79% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.75bn NOK to 1.53bn NOK (-12.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 171.91m NOK → 157.61m NOK (equity ratio 20.9% → 20.0%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 171.91m NOK → 157.61m NOK — check capital reduction, conversion, or reclassification. Interpretation