Org.nr 924 760 184 2023 → 2024 Year-over-year analysis

ADRIAN FLIS AS: årsregnskap 2024 vs 2023

Shrank 19% on revenue, slipped into loss

approved 2025-06-25; registry 2025-06-28; journal 2025 585739

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADRIAN FLIS AS. Revenue 4.25m NOK → 3.44m NOK (-19.1%). Net result +205.6k NOK → -223.7k NOK. Equity 539.6k NOK → 315.8k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADRIAN FLIS AS.

Scorecard

Revenue
4.25m NOK 3.44m NOK
-19.1%
Operating result
+300.8k NOK -190.1k NOK
-163.2%
Net result
+205.6k NOK -223.7k NOK
-208.8%
Equity
539.6k NOK 315.8k NOK
-41.5%
Cash
820.4k NOK 629.7k NOK
-23.2%
Total assets
1.71m NOK 1.30m NOK
-23.9%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.07× → 1.26×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.25m NOK to 3.44m NOK (-19.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +300.8k NOK → -190.1k NOK (op. margin 7.1% → -5.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 205.6k NOK profit to a loss of 223.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 539.6k NOK → 315.8k NOK (equity ratio 31.6% → 24.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 820.4k NOK → 629.7k NOK (-23.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6 985 NOK → 549 NOK (-92.1% YoY). Calculated