ADLUNA AS: årsregnskap 2025 vs 2024
Shrank 25% on revenue, slipped into loss
approved 2026-05-27; registry 2026-05-28; journal 2026 487760
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADLUNA AS. Revenue 1.42m NOK → 1.06m NOK (-25.2%). Net result +30.0k NOK → -60.6k NOK. Equity 39.9k NOK → -20.7k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADLUNA AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 411 NOK → 211.63m NOK (+51490510.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.42m NOK to 1.06m NOK (-25.2% YoY). Calculated
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↓
Operating result weakened
Operating result +52.2k NOK → -21.4k NOK (op. margin 3.7% → -2.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 30.0k NOK profit to a loss of 60.6k NOK. Calculated
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↓
Equity eroded
Book equity 39.9k NOK → -20.7k NOK (equity ratio 9.5% → -4.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 11.1k NOK → 31.2k NOK. Reported fact