Org.nr 994 080 407 2024 → 2025 Year-over-year analysis

ADRETT AS: årsregnskap 2025 vs 2024

Weaker earnings

approved 2026-03-17; registry 2026-05-06; journal 2026 377595

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADRETT AS. Revenue 23.17m NOK → 23.72m NOK (+2.4%). Net result +5.86m NOK → +752.3k NOK. Equity 453.9k NOK → 1.21m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADRETT AS.

Scorecard

Revenue
23.17m NOK 23.72m NOK
+2.4%
Operating result
+1.16m NOK +985.7k NOK
-14.7%
Net result
+5.86m NOK +752.3k NOK
-87.2%
Equity
453.9k NOK 1.21m NOK
+165.7%
Cash
1.70m NOK 1.37m NOK
-19.6%
Total assets
5.48m NOK 5.16m NOK
-5.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 23.17m NOK to 23.72m NOK (+2.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 453.9k NOK → 1.21m NOK (equity ratio 8.3% → 23.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.86× → 1.05×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.16m NOK → +985.7k NOK (op. margin 5.0% → 4.2%). Calculated

  • ↓

    Net result weakened

    Net result +5.86m NOK → +752.3k NOK (net margin 25.3% → 3.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.70m NOK → 1.37m NOK (-19.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 9.28m NOK → 9.96m NOK (40% → 42% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 8.24m NOK → 8.27m NOK (+0.3% YoY). Calculated