ADMIRATE AS: årsregnskap 2024 vs 2023
Shrank 30% on revenue, slipped into loss, cash halved-plus
approved 2025-06-27; registry 2025-08-02; journal 2025 690159
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADMIRATE AS. Revenue 11.41m NOK → 8.02m NOK (-29.7%). Net result +61.5k NOK → -214.4k NOK. Equity 367.8k NOK → 163.4k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADMIRATE AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 11.41m NOK to 8.02m NOK (-29.7% YoY). Calculated
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Operating result weakened
Operating result +94.7k NOK → -105.6k NOK (op. margin 0.8% → -1.3%). Calculated
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Fell into a net loss
Net result flipped from 61.5k NOK profit to a loss of 214.4k NOK. Calculated
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Equity eroded
Book equity 367.8k NOK → 163.4k NOK (equity ratio 11.2% → 18.2%). Calculated
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Cash fell
Bank deposits 740.3k NOK → 27.1k NOK (-96.3% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 6.83m NOK → 4.08m NOK (-40.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 107.6k NOK → 107 NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 5 → 3. Reported fact