ADJOY AS: årsregnskap 2025 vs 2024
Weaker earnings
approved 2026-04-15; registry 2026-04-18; journal 2026 383287
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADJOY AS. Revenue 3.31m NOK → 3.15m NOK (-4.8%). Net result +585.7k NOK → +94.7k NOK. Equity 987.1k NOK → 781.8k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 252.2k NOK → 993.5k NOK (+293.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.41× → 2.99×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.31m NOK to 3.15m NOK (-4.8% YoY). Calculated
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↓
Operating result weakened
Operating result +750.2k NOK → +125.4k NOK (op. margin 22.7% → 4.0%). Calculated
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↓
Net result weakened
Net result +585.7k NOK → +94.7k NOK (net margin 17.7% → 3.0%). Calculated
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↓
Equity eroded
Book equity 987.1k NOK → 781.8k NOK (equity ratio 61.8% → 66.5%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.17m NOK → 1.79m NOK (35% → 57% of revenue). Calculated