Org.nr 924 328 835 2024 → 2025 Year-over-year analysis

ADPROSJEKT AS: årsregnskap 2025 vs 2024

Grew 13% on revenue, slipped into loss

approved 2026-06-28; registry 2026-07-25; journal 2026 633126

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADPROSJEKT AS. Revenue 19.24m NOK → 21.78m NOK (+13.2%). Net result +579.5k NOK → -52.6k NOK. Equity 402.3k NOK → 849.6k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; fell into a net loss; cash fell.

Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADPROSJEKT AS.

Scorecard

Revenue
19.24m NOK 21.78m NOK
+13.2%
Operating result
+728.6k NOK +100.2k NOK
-86.2%
Net result
+579.5k NOK -52.6k NOK
-109.1%
Equity
402.3k NOK 849.6k NOK
+111.2%
Cash
360.2k NOK 337.2k NOK
-6.4%
Total assets
5.59m NOK 5.15m NOK
-8.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 19.24m NOK to 21.78m NOK (+13.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 402.3k NOK → 849.6k NOK (equity ratio 7.2% → 16.5%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +728.6k NOK → +100.2k NOK (op. margin 3.8% → 0.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 579.5k NOK profit to a loss of 52.6k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 360.2k NOK → 337.2k NOK (-6.4% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 180.0k NOK → 680 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 10.32m NOK → 11.59m NOK (54% → 53% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4.04m NOK → 4.76m NOK (+17.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 23.5k NOK → 61.6k NOK. Reported fact