Org.nr 979 515 715 2024 → 2025 Year-over-year analysis

ADVENT NORWAY AS: årsregnskap 2025 vs 2024

Grew 21% on revenue, stronger earnings, cash halved-plus

approved 2026-06-02; registry 2026-06-30; journal 2026 516004

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADVENT NORWAY AS. Revenue 21.02m NOK → 25.42m NOK (+20.9%). Net result +2.81m NOK → +3.98m NOK. Equity 12.32m NOK → 16.30m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVENT NORWAY AS.

Scorecard

Revenue
21.02m NOK 25.42m NOK
+20.9%
Operating result
+3.67m NOK +1.92m NOK
-47.7%
Net result
+2.81m NOK +3.98m NOK
+41.6%
Equity
12.32m NOK 16.30m NOK
+32.3%
Cash
3.41m NOK 1.53m NOK
-55.1%
Total assets
16.85m NOK 20.70m NOK
+22.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 21.02m NOK to 25.42m NOK (+20.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.81m NOK → +3.98m NOK (net margin 13.4% → 15.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 12.32m NOK → 16.30m NOK (equity ratio 73.1% → 78.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.67m NOK → +1.92m NOK (op. margin 17.5% → 7.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.41m NOK → 1.53m NOK (-55.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 15.04m NOK → 21.21m NOK (72% → 83% of revenue). Calculated