Org.nr 923 939 938 2024 → 2025 Year-over-year analysis

ADLER REKLAME AS: årsregnskap 2025 vs 2024

Grew 116% on revenue, stronger earnings, cash halved-plus

approved 2026-07-16; registry 2026-07-20; journal 2026 688250

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADLER REKLAME AS. Revenue 1.34m NOK → 2.89m NOK (+115.6%). Net result -490.5k NOK → -238.9k NOK. Equity -528.4k NOK → -767.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADLER REKLAME AS.

Scorecard

Revenue
1.34m NOK 2.89m NOK
+115.6%
Operating result
-407.0k NOK -230.4k NOK
+43.4%
Net result
-490.5k NOK -238.9k NOK
+51.3%
Equity
-528.4k NOK -767.2k NOK
-45.2%
Cash
223.9k NOK 103.4k NOK
-53.8%
Total assets
657.6k NOK 1.02m NOK
+55.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.34m NOK to 2.89m NOK (+115.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -407.0k NOK → -230.4k NOK (op. margin -30.4% → -8.0%). Calculated

  • ↑

    Net result improved

    Net result -490.5k NOK → -238.9k NOK (net margin -36.6% → -8.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 980.1k NOK → 4 NOK (73% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -528.4k NOK → -767.2k NOK (equity ratio -80.3% → -75.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 223.9k NOK → 103.4k NOK (-53.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 174.8k NOK → 854.7k NOK (+388.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 377.1k NOK → 3 770 NOK. Reported fact