Org.nr 979 953 046 2024 → 2025 Year-over-year analysis

ADOBE SYSTEMS NORGE AS: årsregnskap 2025 vs 2024

Grew 68% on revenue, stronger earnings

approved 2026-05-27; registry 2026-08-17; journal 2026 730184

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADOBE SYSTEMS NORGE AS. Revenue 16.85m NOK → 28.28m NOK (+67.8%). Net result +13.23m NOK → +22.14m NOK. Equity 14.25m NOK → 1.88m NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADOBE SYSTEMS NORGE AS.

Scorecard

Revenue
16.85m NOK 28.28m NOK
+67.8%
Operating result
+16.77m NOK +28.11m NOK
+67.6%
Net result
+13.23m NOK +22.14m NOK
+67.3%
Equity
14.25m NOK 1.88m NOK
-86.8%
Cash
11.87m NOK 8.24m NOK
-30.6%
Total assets
18.10m NOK 42.75m NOK
+136.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.85m NOK to 28.28m NOK (+67.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +16.77m NOK → +28.11m NOK (op. margin 99.5% → 99.4%). Calculated

  • ↑

    Net result improved

    Net result +13.23m NOK → +22.14m NOK (net margin 78.5% → 78.3%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 14.25m NOK → 1.88m NOK (equity ratio 78.7% → 4.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 11.87m NOK → 8.24m NOK (-30.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation