ADUNDAS DESIGN AS: årsregnskap 2024 vs 2023
Grew 20% on revenue, stronger earnings
approved 2025-06-30; registry 2025-07-24; journal 2025 698569
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADUNDAS DESIGN AS. Revenue 1.75m NOK → 2.11m NOK (+20.2%). Net result -486.2k NOK → -311.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADUNDAS DESIGN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.75m NOK to 2.11m NOK (+20.2% YoY). Calculated
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↑
Operating result improved
Operating result -443.2k NOK → -245.5k NOK (op. margin -25.3% → -11.6%). Calculated
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↑
Net result improved
Net result -486.2k NOK → -311.4k NOK (net margin -27.7% → -14.8%). Calculated
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↑
Cash rose
Bank deposits -17 NOK → 62.3k NOK (+366347.1% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.03× → 0.54× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.92m NOK → 2.12m NOK (109% → 100% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 15.8k NOK → 3 458 NOK (-78.2% YoY). Calculated