ADVAXA AS: årsregnskap 2025 vs 2024
Shrank 19% on revenue, stronger earnings
approved 2026-06-26; registry 2026-06-30; journal 2026 608738
Summary
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.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +94.5k NOK → +720.3k NOK (op. margin 4.7% → 43.7%). Calculated
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Net result improved
Net result +207.4k NOK → +918.1k NOK (net margin 10.2% → 55.7%). Calculated
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Equity strengthened
Book equity 15.86m NOK → 16.78m NOK (equity ratio 96.3% → 97.3%). Calculated
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Payroll decreased
Salary cost 830.8k NOK → 821.7k NOK (41% → 50% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.03m NOK to 1.65m NOK (-18.7% YoY). Calculated
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↓
Cash fell
Bank deposits 2.99m NOK → 2.02m NOK (-32.4% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 13.37m NOK → 14.80m NOK. Reported fact