Org.nr 913 840 186 2023 → 2024 Year-over-year analysis

ADORA AS: årsregnskap 2024 vs 2023

Grew 1204% on revenue, weaker earnings

approved 2025-06-01; registry 2025-08-14; journal 2025 747166

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADORA AS. Revenue 200 NOK → 2 608 NOK (+1204.0%). Net result -145.2k NOK → -822.3k NOK. Equity 2.96m NOK → 2.14m NOK.

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

Also worth watching: paid-in equity reduced; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADORA AS.

Scorecard

Revenue
200 NOK 2 608 NOK
+1204.0%
Operating result
-588.9k NOK -458.6k NOK
+22.1%
Net result
-145.2k NOK -822.3k NOK
-466.5%
Equity
2.96m NOK 2.14m NOK
-27.8%
Cash
488.7k NOK 246.1k NOK
-49.6%
Total assets
3.31m NOK 2.28m NOK
-31.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 200 NOK to 2 608 NOK (+1204.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -588.9k NOK → -458.6k NOK (op. margin -294444.0% → -17584.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 570.1k NOK → 450.6k NOK (285046% → 17276% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -145.2k NOK → -822.3k NOK (net margin -72575.5% → -31530.3%). Calculated

  • ↓

    Equity eroded

    Book equity 2.96m NOK → 2.14m NOK (equity ratio 89.4% → 93.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 488.7k NOK → 246.1k NOK (-49.6% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 35.7k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 25.1k NOK → 37.1k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact