ADMIRAL HOFF AS: årsregnskap 2025 vs 2024
Stronger earnings, cash halved-plus, fresh owner capital
approved 2026-06-30; registry 2026-07-01; journal 2026 619111
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADMIRAL HOFF AS. Net result +9.44m NOK → +11.41m NOK. Equity 11.67m NOK → 23.88m NOK.
On the constructive side: net result improved; equity strengthened; owners injected capital. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADMIRAL HOFF AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +9.44m NOK → +11.41m NOK. Calculated
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↑
Equity strengthened
Book equity 11.67m NOK → 23.88m NOK (equity ratio 99.6% → 99.4%). Calculated
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↑
Owners injected capital
Paid-in equity rose 24.4k NOK → 824.4k NOK (+800.0k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -218.1k NOK → -405.6k NOK. Calculated
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↓
Cash fell
Bank deposits 10.62m NOK → 1.07m NOK (-89.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (10.62m NOK → 1.07m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 117.2k NOK → 800 NOK. Reported fact