ADMIRAL P AS: årsregnskap 2025 vs 2024
Grew 71% on revenue, weaker earnings
approved 2026-03-31; registry 2026-06-02; journal 2026 511896
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADMIRAL P AS. Revenue 1.83m NOK → 3.12m NOK (+70.9%). Net result -1 513 NOK → -138.7k NOK. Equity 670.9k NOK → 327.0k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADMIRAL P AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.83m NOK to 3.12m NOK (+70.9% YoY). Calculated
-
↑
Cash rose
Bank deposits 622.7k NOK → 669.9k NOK (+7.6% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -2 830 NOK → -138.5k NOK (op. margin -0.2% → -4.4%). Calculated
-
↓
Net result weakened
Net result -1 513 NOK → -138.7k NOK (net margin -0.1% → -4.4%). Calculated
-
↓
Equity eroded
Book equity 670.9k NOK → 327.0k NOK (equity ratio 79.7% → 46.5%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 664.3k NOK → 1 976 NOK (-99.7% YoY). Calculated