Org.nr 922 112 401 2023 → 2024 Year-over-year analysis

ADMIRAL HOFF AS: årsregnskap 2024 vs 2023

Stronger earnings

approved 2025-04-09; registry 2025-07-31; journal 2025 723046

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADMIRAL HOFF AS. Revenue 316.7k NOK → 316.7k NOK (0.0%). Net result +1.41m NOK → +9.44m NOK. Equity 2.22m NOK → 11.67m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADMIRAL HOFF AS.

Scorecard

Revenue
316.7k NOK 316.7k NOK
0.0%
Operating result
+256.7k NOK -218.1k NOK
-185.0%
Net result
+1.41m NOK +9.44m NOK
+570.3%
Equity
2.22m NOK 11.67m NOK
+424.9%
Cash
266.1k NOK 10.62m NOK
+3892.8%
Total assets
2.40m NOK 11.71m NOK
+387.0%

What improved

  • ↑

    Net result improved

    Net result +1.41m NOK → +9.44m NOK (net margin 444.9% → 2982.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.22m NOK → 11.67m NOK (equity ratio 92.4% → 99.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 266.1k NOK → 10.62m NOK (+3892.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +256.7k NOK → -218.1k NOK (op. margin 81.1% → -68.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 11.7k NOK → 53.8k NOK (4% → 17% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1 NOK → 117.2k NOK. Reported fact