Org.nr 916 639 236 2024 → 2025 Year-over-year analysis

ADVAXA AS: årsregnskap 2025 vs 2024

Shrank 19% on revenue, stronger earnings

approved 2026-06-26; registry 2026-06-30; journal 2026 608738

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADVAXA AS. Revenue 2.03m NOK → 1.65m NOK (-18.7%). Net result +207.4k NOK → +918.1k NOK. Equity 15.86m NOK → 16.78m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVAXA AS.

Scorecard

Revenue
2.03m NOK 1.65m NOK
-18.7%
Operating result
+94.5k NOK +720.3k NOK
+662.0%
Net result
+207.4k NOK +918.1k NOK
+342.7%
Equity
15.86m NOK 16.78m NOK
+5.8%
Cash
2.99m NOK 2.02m NOK
-32.4%
Total assets
16.48m NOK 17.24m NOK
+4.6%

What improved

  • ↑

    Operating result improved

    Operating result +94.5k NOK → +720.3k NOK (op. margin 4.7% → 43.7%). Calculated

  • ↑

    Net result improved

    Net result +207.4k NOK → +918.1k NOK (net margin 10.2% → 55.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 15.86m NOK → 16.78m NOK (equity ratio 96.3% → 97.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 830.8k NOK → 821.7k NOK (41% → 50% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.03m NOK to 1.65m NOK (-18.7% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 2.99m NOK → 2.02m NOK (-32.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 13.37m NOK → 14.80m NOK. Reported fact