Org.nr 917 433 429 2024 → 2025 Year-over-year analysis

ADEKVAT VVS AS: årsregnskap 2025 vs 2024

Grew 24% on revenue, slipped into loss

approved 2026-03-13; registry 2026-03-16; journal 2026 339358

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADEKVAT VVS AS. Revenue 3.49m NOK → 4.32m NOK (+23.7%). Net result +102.7k NOK → -236.5k NOK. Equity 697.5k NOK → 351.6k NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADEKVAT VVS AS.

Scorecard

Revenue
3.49m NOK 4.32m NOK
+23.7%
Operating result
+157.8k NOK -238.0k NOK
-250.9%
Net result
+102.7k NOK -236.5k NOK
-330.3%
Equity
697.5k NOK 351.6k NOK
-49.6%
Cash
300.3k NOK 538.2k NOK
+79.2%
Total assets
1.80m NOK 1.35m NOK
-24.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.49m NOK to 4.32m NOK (+23.7% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 300.3k NOK → 538.2k NOK (+79.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.34× → 1.51×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +157.8k NOK → -238.0k NOK (op. margin 4.5% → -5.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 102.7k NOK profit to a loss of 236.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 697.5k NOK → 351.6k NOK (equity ratio 38.7% → 26.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.15m NOK → 1.72m NOK (+49.0% YoY). Calculated