Org.nr 916 977 565 2023 → 2024 Year-over-year analysis

ADNUNTIUS AS: årsregnskap 2024 vs 2023

Grew 58% on revenue, stronger earnings

approved 2025-09-17; registry 2025-10-02; journal 2025 758583

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADNUNTIUS AS. Revenue 11.98m NOK → 18.93m NOK (+58.1%). Net result -30.02m NOK → -12.52m NOK. Equity -21.83m NOK → -34.35m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADNUNTIUS AS.

Scorecard

Revenue
11.98m NOK 18.93m NOK
+58.1%
Operating result
-23.43m NOK -8.07m NOK
+65.6%
Net result
-30.02m NOK -12.52m NOK
+58.3%
Equity
-21.83m NOK -34.35m NOK
-57.3%
Cash
563.8k NOK 715.8k NOK
+27.0%
Total assets
16.17m NOK 21.93m NOK
+35.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.98m NOK to 18.93m NOK (+58.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -23.43m NOK → -8.07m NOK (op. margin -195.6% → -42.6%). Calculated

  • ↑

    Net result improved

    Net result -30.02m NOK → -12.52m NOK (net margin -250.7% → -66.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 563.8k NOK → 715.8k NOK (+27.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -21.83m NOK → -34.35m NOK (equity ratio -135.0% → -156.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -156.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 14.07m NOK → 15.33m NOK (118% → 81% of revenue). Calculated