ADLOCK NORGE AS: årsregnskap 2025 vs 2024
Shrank 45% on revenue, weaker earnings, cash halved-plus
approved 2026-07-12; registry 2026-07-14; journal 2026 676407
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADLOCK NORGE AS. Revenue 1.72m NOK → 950.4k NOK (-44.7%). Net result -136.7k NOK → -447.0k NOK. Equity 81.2k NOK → -365.8k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADLOCK NORGE AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 2.41m NOK → 2.29m NOK (140% → 241% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.72m NOK to 950.4k NOK (-44.7% YoY). Calculated
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↓
Operating result weakened
Operating result -65.8k NOK → -374.5k NOK (op. margin -3.8% → -39.4%). Calculated
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↓
Net result weakened
Net result -136.7k NOK → -447.0k NOK (net margin -7.9% → -47.0%). Calculated
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↓
Equity eroded
Book equity 81.2k NOK → -365.8k NOK (equity ratio 3.1% → -17.7%). Calculated
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↓
Cash fell
Bank deposits 424.9k NOK → 57.4k NOK (-86.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -17.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 639.4k NOK → 538.9k NOK (-15.7% YoY). Calculated