ADLOCK NORGE AS: årsregnskap 2024 vs 2023
Grew 9% on revenue, stronger earnings
approved 2025-06-30; registry 2025-07-15; journal 2025 675671
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADLOCK NORGE AS. Revenue 1.58m NOK → 1.72m NOK (+9.2%). Net result -726.6k NOK → -136.7k NOK. Equity 217.9k NOK → 81.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADLOCK NORGE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.58m NOK to 1.72m NOK (+9.2% YoY). Calculated
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Operating result improved
Operating result -520.4k NOK → -65.8k NOK (op. margin -33.0% → -3.8%). Calculated
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Net result improved
Net result -726.6k NOK → -136.7k NOK (net margin -46.1% → -7.9%). Calculated
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Cash rose
Bank deposits 208.4k NOK → 424.9k NOK (+103.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 217.9k NOK → 81.2k NOK (equity ratio 14.7% → 3.1%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 3.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1.10m NOK → 2.41m NOK (70% → 140% of revenue). Calculated
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COGS moved
COGS / varekostnad 290.7k NOK → 639.4k NOK (+120.0% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact