Org.nr 928 098 753 2024 → 2025 Year-over-year analysis

ADVAC AS: årsregnskap 2025 vs 2024

Stronger earnings, cash halved-plus

approved 2026-05-24; registry 2026-05-27; journal 2026 472594

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADVAC AS. Revenue 0 NOK → 369 NOK. Net result -626.9k NOK → -168.9k NOK. Equity -888.1k NOK → -1.06m 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 ADVAC AS.

Scorecard

Revenue
0 NOK 369 NOK
—
Operating result
-800.0k NOK -92.7k NOK
+88.4%
Net result
-626.9k NOK -168.9k NOK
+73.1%
Equity
-888.1k NOK -1.06m NOK
-19.0%
Cash
22.8k NOK 2 483 NOK
-89.1%
Total assets
2.01m NOK 1.86m NOK
-7.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 369 NOK. Calculated

  • ↑

    Operating result improved

    Operating result -800.0k NOK → -92.7k NOK. Calculated

  • ↑

    Net result improved

    Net result -626.9k NOK → -168.9k NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 5 661 NOK → 0 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -888.1k NOK → -1.06m NOK (equity ratio -44.1% → -56.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 22.8k NOK → 2 483 NOK (-89.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -56.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value -347.5k NOK → -525.0k NOK. Reported fact