Org.nr 933 219 178 2024 → 2025 Year-over-year analysis

ADEXA AS: årsregnskap 2025 vs 2024

Shrank 48% on revenue, returned to profit

approved 2026-05-18; registry 2026-05-21; journal 2026 459010

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADEXA AS. Revenue 800.1k NOK → 417.9k NOK (-47.8%). Net result -42.6k NOK → +47.1k NOK. Equity -12.6k NOK → 34.6k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Net constructive year on the published lines.

Scorecard

Revenue
800.1k NOK 417.9k NOK
-47.8%
Operating result
+17.9k NOK +107.9k NOK
+504.1%
Net result
-42.6k NOK +47.1k NOK
+210.7%
Equity
-12.6k NOK 34.6k NOK
+375.2%
Cash
107.3k NOK 292.4k NOK
+172.4%
Total assets
1.43m NOK 1.22m NOK
-14.3%

What improved

  • ↑

    Operating result improved

    Operating result +17.9k NOK → +107.9k NOK (op. margin 2.2% → 25.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 42.6k NOK to a profit of 47.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -12.6k NOK → 34.6k NOK (equity ratio -0.9% → 2.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 107.3k NOK → 292.4k NOK (+172.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 800.1k NOK to 417.9k NOK (-47.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 250 NOK → 533.6k NOK (0% → 128% of revenue). Calculated