Org.nr 920 591 779 2023 → 2024 Year-over-year analysis

ADMAR ENTREPRENØR AS: årsregnskap 2024 vs 2023

Grew 30% on revenue, returned to profit

registry 2025-07-30; journal 2025 676023

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADMAR ENTREPRENØR AS. Revenue 22.74m NOK → 29.48m NOK (+29.7%). Net result -1.58m NOK → +201.5k NOK. Equity -1.49m NOK → 408.2k NOK.

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

Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADMAR ENTREPRENØR AS.

Scorecard

Revenue
22.74m NOK 29.48m NOK
+29.7%
Operating result
-1.44m NOK +792.4k NOK
+154.9%
Net result
-1.58m NOK +201.5k NOK
+112.8%
Equity
-1.49m NOK 408.2k NOK
+127.3%
Cash
642.1k NOK 625.0k NOK
-2.7%
Total assets
6.03m NOK 8.17m NOK
+35.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 22.74m NOK to 29.48m NOK (+29.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.44m NOK → +792.4k NOK (op. margin -6.3% → 2.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.58m NOK to a profit of 201.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -1.49m NOK → 408.2k NOK (equity ratio -24.8% → 5.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 642.1k NOK → 625.0k NOK (-2.7% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 110.0k NOK → 810 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 13.0k NOK → 13.93m NOK (0% → 47% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 5 047 NOK → 6.80m NOK (+134594.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 599.9k NOK → 210.8k NOK. Reported fact