Org.nr 939 611 908 2023 → 2024 Year-over-year analysis

ADMIT AS: årsregnskap 2024 vs 2023

Shrank 86% on revenue, slipped into loss, cash halved-plus

registry 2025-07-29; journal 2025 708929

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADMIT AS. Revenue 7.76m NOK → 1.06m NOK (-86.4%). Net result +813.7k NOK → -23.4k NOK. Equity 629.4k NOK → 4.61m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADMIT AS.

Scorecard

Revenue
7.76m NOK 1.06m NOK
-86.4%
Operating result
+829.3k NOK +112.1k NOK
-86.5%
Net result
+813.7k NOK -23.4k NOK
-102.9%
Equity
629.4k NOK 4.61m NOK
+631.8%
Cash
3 322 NOK 0 NOK
-100.0%
Total assets
7.42m NOK 7.70m NOK
+3.8%

What improved

  • ↑

    Equity strengthened

    Book equity 629.4k NOK → 4.61m NOK (equity ratio 8.5% → 59.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.76m NOK to 1.06m NOK (-86.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +829.3k NOK → +112.1k NOK (op. margin 10.7% → 10.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 813.7k NOK profit to a loss of 23.4k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 3 322 NOK → 0 NOK (-100.0% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 828.9k NOK → 895.8k NOK (+8.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 60.6k NOK → 50.6k NOK. Reported fact