Org.nr 925 373 044 2024 → 2025 Year-over-year analysis

ADEPTH MINERALS AS: årsregnskap 2025 vs 2024

Shrank 34% on revenue, weaker earnings

approved 2026-06-30; registry 2026-08-05; journal 2026 691711

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADEPTH MINERALS AS. Revenue 7.54m NOK → 4.98m NOK (-34.0%). Net result -9.08m NOK → -14.74m NOK. Equity 28.36m NOK → 13.62m NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADEPTH MINERALS AS.

Scorecard

Revenue
7.54m NOK 4.98m NOK
-34.0%
Operating result
-8.65m NOK -14.83m NOK
-71.4%
Net result
-9.08m NOK -14.74m NOK
-62.3%
Equity
28.36m NOK 13.62m NOK
-52.0%
Cash
3.16m NOK 7.27m NOK
+129.8%
Total assets
32.81m NOK 33.11m NOK
+0.9%

What improved

  • ↑

    Cash rose

    Bank deposits 3.16m NOK → 7.27m NOK (+129.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.54m NOK to 4.98m NOK (-34.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -8.65m NOK → -14.83m NOK (op. margin -114.8% → -297.8%). Calculated

  • ↓

    Net result weakened

    Net result -9.08m NOK → -14.74m NOK (net margin -120.5% → -296.1%). Calculated

  • ↓

    Equity eroded

    Book equity 28.36m NOK → 13.62m NOK (equity ratio 86.4% → 41.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.30× → 0.46× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4.5 → 6. Reported fact