Org.nr 923 831 762 2023 → 2024 Year-over-year analysis

ADJUTEC PHARMA AS: årsregnskap 2024 vs 2023

Shrank 100% on revenue, stronger earnings, fresh owner capital

registry 2025-06-21; journal 2025 546182

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADJUTEC PHARMA AS. Revenue 7.33m NOK → 7 333 NOK (-99.9%). Net result -9.53m NOK → -1.46m NOK. Equity 18.07m NOK → 33.34m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADJUTEC PHARMA AS.

Scorecard

Revenue
7.33m NOK 7 333 NOK
-99.9%
Operating result
-13.05m NOK -2.10m NOK
+83.9%
Net result
-9.53m NOK -1.46m NOK
+84.7%
Equity
18.07m NOK 33.34m NOK
+84.6%
Cash
6.34m NOK 6.54m NOK
+3.1%
Total assets
18.09m NOK 43.42m NOK
+140.0%

What improved

  • ↑

    Operating result improved

    Operating result -13.05m NOK → -2.10m NOK (op. margin -177.9% → -28643.4%). Calculated

  • ↑

    Net result improved

    Net result -9.53m NOK → -1.46m NOK (net margin -130.0% → -19842.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 18.07m NOK → 33.34m NOK (equity ratio 99.9% → 76.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.34m NOK → 6.54m NOK (+3.1% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 49.02m NOK → 65.75m NOK (+16.73m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.33m NOK to 7 333 NOK (-99.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 270.37× → -8.75× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.91m NOK → 6.95m NOK (81% → 94808% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1 NOK → -22.9k NOK (-2290200.0% YoY). Calculated