ADMIRAL ENERGY AS: årsregnskap 2025 vs 2024
Grew 584% on revenue, weaker earnings
approved 2026-06-16; registry 2026-06-17; journal 2026 554277
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADMIRAL ENERGY AS. Revenue 149.0k NOK → 1.02m NOK (+584.4%). Net result +110.3k NOK → +40.0k NOK. Equity 695.0k NOK → 235.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADMIRAL ENERGY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 149.0k NOK to 1.02m NOK (+584.4% YoY). Calculated
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↑
Cash rose
Bank deposits 311.9k NOK → 688.5k NOK (+120.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -89.7k NOK → -340.4k NOK (op. margin -60.2% → -33.4%). Calculated
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↓
Net result weakened
Net result +110.3k NOK → +40.0k NOK (net margin 74.1% → 3.9%). Calculated
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↓
Equity eroded
Book equity 695.0k NOK → 235.1k NOK (equity ratio 99.6% → 31.0%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 690 NOK → 62.0k NOK (+8879.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 55.7k NOK → 268.0k NOK. Reported fact