Org.nr 977 270 375 2023 → 2024 Year-over-year analysis

ADFLASH AS: årsregnskap 2024 vs 2023

Stronger earnings

approved 2025-06-20; registry 2025-06-26; journal 2025 580475

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADFLASH AS. Net result +1.84m NOK → +4.56m NOK. Equity 100.3k NOK → 100.0k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADFLASH AS.

Scorecard

Operating result
-399.0k NOK -251.0k NOK
+37.1%
Net result
+1.84m NOK +4.56m NOK
+147.7%
Equity
100.3k NOK 100.0k NOK
-0.3%
Cash
450.5k NOK 228.8k NOK
-49.2%
Total assets
3.02m NOK 3.53m NOK
+16.7%

What improved

  • ↑

    Operating result improved

    Operating result -399.0k NOK → -251.0k NOK. Calculated

  • ↑

    Net result improved

    Net result +1.84m NOK → +4.56m NOK. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 450.5k NOK → 228.8k NOK (-49.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.00× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 470.0k NOK → 726 NOK. Reported fact