Org.nr 897 122 332 2023 → 2024 Year-over-year analysis

ADFORM NORWAY AS: årsregnskap 2024 vs 2023

Grew 14% on revenue

approved 2025-05-23; registry 2025-06-14; journal 2025 519512

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADFORM NORWAY AS. Revenue 11.27m NOK → 12.79m NOK (+13.5%). Net result +675.3k NOK → +680.2k NOK. Equity 128.3k NOK → 128.3k NOK.

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

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

Scorecard

Revenue
11.27m NOK 12.79m NOK
+13.5%
Operating result
+905.0k NOK +913.6k NOK
+0.9%
Net result
+675.3k NOK +680.2k NOK
+0.7%
Equity
128.3k NOK 128.3k NOK
0.0%
Cash
385.3k NOK 426.8k NOK
+10.8%
Total assets
2.84m NOK 3.27m NOK
+14.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.27m NOK to 12.79m NOK (+13.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +905.0k NOK → +913.6k NOK (op. margin 8.0% → 7.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 385.3k NOK → 426.8k NOK (+10.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 644.1k NOK → 90.0k NOK. Reported fact