Org.nr 912 173 275 2023 → 2024 Year-over-year analysis

ADRIATIC + AS: årsregnskap 2024 vs 2023

Returned to profit

approved 2025-06-12; registry 2025-06-26; journal 2025 575803

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADRIATIC + AS. Revenue 8.24m NOK → 8.33m NOK (+1.1%). Net result -343.5k NOK → +41.8k NOK. Equity -1.47m NOK → -1.43m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADRIATIC + AS.

Scorecard

Revenue
8.24m NOK 8.33m NOK
+1.1%
Operating result
-326.7k NOK +120.2k NOK
+136.8%
Net result
-343.5k NOK +41.8k NOK
+112.2%
Equity
-1.47m NOK -1.43m NOK
+2.8%
Cash
145.5k NOK 187.7k NOK
+29.0%
Total assets
389.4k NOK 366.6k NOK
-5.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.24m NOK to 8.33m NOK (+1.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -326.7k NOK → +120.2k NOK (op. margin -4.0% → 1.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 343.5k NOK to a profit of 41.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -1.47m NOK → -1.43m NOK (equity ratio -378.4% → -390.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 145.5k NOK → 187.7k NOK (+29.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -390.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 3.21m NOK → 3.10m NOK (-3.4% YoY). Calculated