Org.nr 913 850 513 2024 → 2025 Year-over-year analysis

ADORE AS: årsregnskap 2025 vs 2024

Grew 11% on revenue, stronger earnings

approved 2026-04-22; registry 2026-04-29; journal 2026 407894

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADORE AS. Revenue 1.67m NOK → 1.84m NOK (+10.7%). Net result +20.5k NOK → +222.6k NOK. Equity 240.9k NOK → 463.5k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADORE AS.

Scorecard

Revenue
1.67m NOK 1.84m NOK
+10.7%
Operating result
+22.7k NOK +277.0k NOK
+1117.6%
Net result
+20.5k NOK +222.6k NOK
+986.3%
Equity
240.9k NOK 463.5k NOK
+92.4%
Cash
202.4k NOK 171.8k NOK
-15.1%
Total assets
926.1k NOK 852.7k NOK
-7.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.67m NOK to 1.84m NOK (+10.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +22.7k NOK → +277.0k NOK (op. margin 1.4% → 15.0%). Calculated

  • ↑

    Net result improved

    Net result +20.5k NOK → +222.6k NOK (net margin 1.2% → 12.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 240.9k NOK → 463.5k NOK (equity ratio 26.0% → 54.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.53m NOK → 2.38m NOK (152% → 129% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 202.4k NOK → 171.8k NOK (-15.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 757.1k NOK → 790.5k NOK (+4.4% YoY). Calculated