Org.nr 921 975 317 2023 → 2024 Year-over-year analysis

ADOLF AA HOLDING AS: årsregnskap 2024 vs 2023

Returned to profit, cash halved-plus

approved 2025-07-08; registry 2025-07-23; journal 2025 687865

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADOLF AA HOLDING AS. Revenue 74.8k NOK → 72.0k NOK (-3.7%). Net result -338.3k NOK → +3.24m NOK. Equity 17.08m NOK → 19.57m NOK.

On the constructive side: turned profitable; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; cash fell.

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

Scorecard

Revenue
74.8k NOK 72.0k NOK
-3.7%
Operating result
-69.7k NOK -151.2k NOK
-116.9%
Net result
-338.3k NOK +3.24m NOK
+1056.2%
Equity
17.08m NOK 19.57m NOK
+14.6%
Cash
68.9k NOK 11.2k NOK
-83.7%
Total assets
31.07m NOK 28.68m NOK
-7.7%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 338.3k NOK to a profit of 3.24m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 17.08m NOK → 19.57m NOK (equity ratio 55.0% → 68.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.05× → 1.33×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 74.8k NOK to 72.0k NOK (-3.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -69.7k NOK → -151.2k NOK (op. margin -93.2% → -209.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 68.9k NOK → 11.2k NOK (-83.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 26.88m NOK → 21.28m NOK. Reported fact