ADSMH SHIPOWNING II AS: årsregnskap 2025 vs 2024
Stronger earnings, cash halved-plus
approved 2026-06-30; registry 2026-08-03; journal 2026 738073
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADSMH SHIPOWNING II AS. Net result -22.4k NOK → -7 509 NOK. Equity -10.4k NOK → -17.9k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADSMH SHIPOWNING II AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -22.4k NOK → -7 467 NOK. Calculated
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↑
Net result improved
Net result -22.4k NOK → -7 509 NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity -10.4k NOK → -17.9k NOK (equity ratio -109.7% → -1543.5%). Calculated
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↓
Cash fell
Bank deposits 9 507 NOK → 1 162 NOK (-87.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1543.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation