Org.nr 918 295 100 2024 → 2025 Year-over-year analysis

ADVENTURE GROUP AS: årsregnskap 2025 vs 2024

Grew 107% on revenue

approved 2026-06-22; registry 2026-07-20; journal 2026 689436

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADVENTURE GROUP AS. Revenue 6.85m NOK → 14.21m NOK (+107.5%). Net result -1.73m NOK → -1.40m NOK. Equity 2.17m NOK → 63.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADVENTURE GROUP AS.

Scorecard

Revenue
6.85m NOK 14.21m NOK
+107.5%
Operating result
-1.52m NOK -1.35m NOK
+11.6%
Net result
-1.73m NOK -1.40m NOK
+19.1%
Equity
2.17m NOK 63.8k NOK
-97.1%
Cash
469.2k NOK 626.3k NOK
+33.5%
Total assets
8.75m NOK 8.89m NOK
+1.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.85m NOK to 14.21m NOK (+107.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.52m NOK → -1.35m NOK (op. margin -22.3% → -9.5%). Calculated

  • ↑

    Net result improved

    Net result -1.73m NOK → -1.40m NOK (net margin -25.3% → -9.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 469.2k NOK → 626.3k NOK (+33.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 13.65m NOK → 14.06m NOK (+406.3k NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.17m NOK → 63.8k NOK (equity ratio 24.8% → 0.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 5.37m NOK → 11.38m NOK (+112.0% YoY). Calculated