Org.nr 984 603 746 2024 → 2025 Year-over-year analysis

ADELSMANN AS: årsregnskap 2025 vs 2024

Stronger earnings

approved 2026-04-09; registry 2026-05-05; journal 2026 371457

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADELSMANN AS. Revenue 10.51m NOK → 10.93m NOK (+4.0%). Net result +346.1k NOK → +615.1k NOK. Equity 3.38m NOK → 3.99m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

Scorecard

Revenue
10.51m NOK 10.93m NOK
+4.0%
Operating result
+450.4k NOK +785.4k NOK
+74.4%
Net result
+346.1k NOK +615.1k NOK
+77.7%
Equity
3.38m NOK 3.99m NOK
+18.2%
Cash
1.58m NOK 2.07m NOK
+30.9%
Total assets
4.94m NOK 5.69m NOK
+15.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.51m NOK to 10.93m NOK (+4.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +450.4k NOK → +785.4k NOK (op. margin 4.3% → 7.2%). Calculated

  • ↑

    Net result improved

    Net result +346.1k NOK → +615.1k NOK (net margin 3.3% → 5.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.38m NOK → 3.99m NOK (equity ratio 68.5% → 70.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.58m NOK → 2.07m NOK (+30.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.61m NOK → 2.77m NOK (25% → 25% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 5.25m NOK → 5.20m NOK (-0.9% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 4. Reported fact