ADMIRUM AS: årsregnskap 2025 vs 2024
Shrank 57% on revenue, weaker earnings
approved 2026-05-21; registry 2026-06-23; journal 2026 575320
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADMIRUM AS. Revenue 915.2k NOK → 391.9k NOK (-57.2%). Net result +318.0k NOK → +1 125 NOK. Equity 2.22m NOK → 3.35m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADMIRUM AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 2.22m NOK → 3.35m NOK (equity ratio 85.7% → 85.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 915.2k NOK to 391.9k NOK (-57.2% YoY). Calculated
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↓
Operating result weakened
Operating result +262.6k NOK → +1 171 NOK (op. margin 28.7% → 0.3%). Calculated
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↓
Net result weakened
Net result +318.0k NOK → +1 125 NOK (net margin 34.7% → 0.3%). Calculated
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↓
Cash fell
Bank deposits 393.2k NOK → 284.7k NOK (-27.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.46× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 186.6k NOK → 1.88m NOK. Reported fact