ADREM AS: årsregnskap 2025 vs 2024
Shrank 76% on revenue, weaker earnings, cash halved-plus
approved 2026-05-31; registry 2026-06-06; journal 2026 521561
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADREM AS. Revenue 200.0k NOK → 47.8k NOK (-76.1%). Net result +161.7k NOK → +20.1k NOK. Equity -119.1k NOK → -99.0k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADREM AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -119.1k NOK → -99.0k NOK (equity ratio -23.7% → -31.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 200.0k NOK to 47.8k NOK (-76.1% YoY). Calculated
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↓
Operating result weakened
Operating result +194.5k NOK → +34.6k NOK (op. margin 97.2% → 72.4%). Calculated
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↓
Net result weakened
Net result +161.7k NOK → +20.1k NOK (net margin 80.8% → 42.1%). Calculated
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↓
Cash fell
Bank deposits 250.6k NOK → 18.5k NOK (-92.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -31.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 251.3k NOK → 299.8k NOK. Reported fact