Org.nr 916 150 261 2023 → 2024 Year-over-year analysis

ADMIR TRANSPORT AS: årsregnskap 2024 vs 2023

Grew 33% on revenue, stronger earnings

approved 2025-07-09; registry 2025-07-14; journal 2025 665630

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADMIR TRANSPORT AS. Revenue 30.32m NOK → 40.47m NOK (+33.5%). Net result +549.7k NOK → +704.3k NOK. Equity 568.3k NOK → 940.7k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADMIR TRANSPORT AS.

Scorecard

Revenue
30.32m NOK 40.47m NOK
+33.5%
Operating result
+986.0k NOK +540.4k NOK
-45.2%
Net result
+549.7k NOK +704.3k NOK
+28.1%
Equity
568.3k NOK 940.7k NOK
+65.5%
Cash
371.5k NOK 2.06m NOK
+455.6%
Total assets
9.21m NOK 15.48m NOK
+68.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 30.32m NOK to 40.47m NOK (+33.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +549.7k NOK → +704.3k NOK (net margin 1.8% → 1.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 568.3k NOK → 940.7k NOK (equity ratio 6.2% → 6.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 371.5k NOK → 2.06m NOK (+455.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +986.0k NOK → +540.4k NOK (op. margin 3.3% → 1.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 9.88m NOK → 13.60m NOK (33% → 34% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 136.9k NOK → 106.3k NOK. Reported fact