ADMG NORGE AS: årsregnskap 2024 vs 2023
Grew 1992% on revenue, stronger earnings, cash halved-plus
approved 2025-05-08; registry 2025-06-21; journal 2025 493845
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADMG NORGE AS. Revenue 16.19m NOK → 338.86m NOK (+1992.5%). Net result +593.7k NOK → +12.91m NOK. Equity 735.0k NOK → 843.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADMG NORGE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 16.19m NOK to 338.86m NOK (+1992.5% YoY). Calculated
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Operating result improved
Operating result +371.0k NOK → +500.2k NOK (op. margin 2.3% → 0.1%). Calculated
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Net result improved
Net result +593.7k NOK → +12.91m NOK (net margin 3.7% → 3.8%). Calculated
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Equity strengthened
Book equity 735.0k NOK → 843.1k NOK (equity ratio 2.0% → 0.1%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 11.06m NOK → 4.79m NOK (-56.7% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1 137 NOK → 805.9k NOK (0% → 0% of revenue). Calculated
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COGS moved
COGS / varekostnad 15.51m NOK → 328.98m NOK (+2021.0% YoY). Calculated