ADPOINT AS: årsregnskap 2024 vs 2023
Shrank 26% on revenue, weaker earnings, cash halved-plus
approved 2025-06-25; registry 2025-07-08; journal 2025 640188
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADPOINT AS. Revenue 18.30m NOK → 13.48m NOK (-26.4%). Net result +444.6k NOK → +3 NOK. Equity 1.87m NOK → -794.6k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADPOINT AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 8.03m NOK → 7.20m NOK (44% → 53% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 18.30m NOK to 13.48m NOK (-26.4% YoY). Calculated
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↓
Operating result weakened
Operating result +899.4k NOK → -2.31m NOK (op. margin 4.9% → -17.2%). Calculated
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↓
Net result weakened
Net result +444.6k NOK → +3 NOK (net margin 2.4% → 0.0%). Calculated
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↓
Equity eroded
Book equity 1.87m NOK → -794.6k NOK (equity ratio 16.7% → -11.4%). Calculated
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↓
Cash fell
Bank deposits 2.40m NOK → 649.0k NOK (-73.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -11.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.40m NOK → 649.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 530.8k NOK → 704.0k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 6 → 10.5. Reported fact