Org.nr 931 856 170 2024 → 2025 Year-over-year analysis

ADLON AS: årsregnskap 2025 vs 2024

Grew 134546% on revenue, stronger earnings, cash halved-plus

approved 2026-06-29; registry 2026-08-01; journal 2026 635439

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADLON AS. Revenue 1.08m NOK → 1.46bn NOK (+134546.4%). Net result +2.54m NOK → +32.07m NOK. Equity 263.07m NOK → 270.41m NOK.

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

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

Scorecard

Revenue
1.08m NOK 1.46bn NOK
+134546.4%
Operating result
-104.8k NOK -88.5k NOK
+15.6%
Net result
+2.54m NOK +32.07m NOK
+1161.2%
Equity
263.07m NOK 270.41m NOK
+2.8%
Cash
127.9k NOK 53.6k NOK
-58.1%
Total assets
267.84m NOK 290.74m NOK
+8.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.08m NOK to 1.46bn NOK (+134546.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -104.8k NOK → -88.5k NOK (op. margin -9.7% → -0.0%). Calculated

  • ↑

    Net result improved

    Net result +2.54m NOK → +32.07m NOK (net margin 235.0% → 2.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 263.07m NOK → 270.41m NOK (equity ratio 98.2% → 93.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.11bn NOK → 3.15m NOK (287205% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 127.9k NOK → 53.6k NOK (-58.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 824.0k NOK → 1 126 NOK (-99.9% YoY). Calculated