Org.nr 998 779 561 2023 → 2024 Year-over-year analysis

ADRIAN MEDICAL AS: årsregnskap 2024 vs 2023

Grew 74682% on revenue, stronger earnings

approved 2025-06-01; registry 2025-07-09; journal 2025 656344

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADRIAN MEDICAL AS. Revenue 1 315 NOK → 983.4k NOK (+74681.9%). Net result -465.2k NOK → -298.6k NOK. Equity 2.81m NOK → 2.52m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

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

Scorecard

Revenue
1 315 NOK 983.4k NOK
+74681.9%
Operating result
-595.6k NOK -381.7k NOK
+35.9%
Net result
-465.2k NOK -298.6k NOK
+35.8%
Equity
2.81m NOK 2.52m NOK
-10.6%
Cash
42.6k NOK 38.9k NOK
-8.8%
Total assets
3.18m NOK 3.05m NOK
-3.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 315 NOK to 983.4k NOK (+74681.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -595.6k NOK → -381.7k NOK (op. margin -45295.8% → -38.8%). Calculated

  • ↑

    Net result improved

    Net result -465.2k NOK → -298.6k NOK (net margin -35375.8% → -30.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.81m NOK → 2.52m NOK (equity ratio 88.6% → 82.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 42.6k NOK → 38.9k NOK (-8.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 263 NOK → 2.64m NOK (96% → 268% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 131.3k NOK → 224.1k NOK (+70.7% YoY). Calculated