ADRIATIC TANKERS AS: årsregnskap 2025 vs 2024
A steady year on the published lines
approved 2026-02-24; registry 2026-05-28; journal 2026 406949
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADRIATIC TANKERS AS. Revenue 12.94m NOK → 13.51m NOK (+4.4%). Net result +57.4k NOK → +62.6k NOK. Equity 213.1k NOK → 180.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADRIATIC TANKERS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 12.94m NOK to 13.51m NOK (+4.4% YoY). Calculated
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↑
Operating result improved
Operating result +7.45m NOK → +7.94m NOK (op. margin 57.6% → 58.8%). Calculated
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↑
Net result improved
Net result +57.4k NOK → +62.6k NOK (net margin 0.4% → 0.5%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 213.1k NOK → 180.7k NOK (equity ratio 0.7% → 0.6%). Calculated
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↓
Cash fell
Bank deposits 1.81m NOK → 1.68m NOK (-7.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 47.2k NOK → 142.3k NOK. Reported fact