Org.nr 924 427 280 2023 → 2024 Year-over-year analysis

ADMIRAL INVEST AS: årsregnskap 2024 vs 2023

Cash halved-plus

registry 2025-11-05; journal 2025 761833

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADMIRAL INVEST AS. Revenue 0 NOK → 511.3k NOK. Net result +388.5k NOK → +380.8k NOK. Equity 105.0k NOK → 485.8k NOK.

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

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADMIRAL INVEST AS.

Scorecard

Revenue
0 NOK 511.3k NOK
—
Operating result
-190.9k NOK +331.6k NOK
+273.7%
Net result
+388.5k NOK +380.8k NOK
-2.0%
Equity
105.0k NOK 485.8k NOK
+362.6%
Cash
28.37m NOK 6.83m NOK
-75.9%
Total assets
36.21m NOK 34.60m NOK
-4.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 511.3k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -190.9k NOK → +331.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 105.0k NOK → 485.8k NOK (equity ratio 0.3% → 1.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 28.37m NOK → 6.83m NOK (-75.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (28.37m NOK → 6.83m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.63m NOK → 11.26m NOK. Reported fact