Org.nr 924 324 716 2024 → 2025 Year-over-year analysis

ADSO AS: årsregnskap 2025 vs 2024

Slipped into loss

approved 2026-06-15; registry 2026-06-20; journal 2026 564375

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADSO AS. Revenue 665.4k NOK → 681.6k NOK (+2.4%). Net result +202.4k NOK → -119.8k NOK. Equity 438.4k NOK → 318.6k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADSO AS.

Scorecard

Revenue
665.4k NOK 681.6k NOK
+2.4%
Operating result
+394.6k NOK +418.6k NOK
+6.1%
Net result
+202.4k NOK -119.8k NOK
-159.2%
Equity
438.4k NOK 318.6k NOK
-27.3%
Cash
130.7k NOK 243.9k NOK
+86.5%
Total assets
5.86m NOK 5.76m NOK
-1.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 665.4k NOK to 681.6k NOK (+2.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +394.6k NOK → +418.6k NOK (op. margin 59.3% → 61.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 130.7k NOK → 243.9k NOK (+86.5% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 202.4k NOK profit to a loss of 119.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 438.4k NOK → 318.6k NOK (equity ratio 7.5% → 5.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation