Org.nr 815 387 252 2024 → 2025 Year-over-year analysis

ADVENTURE THOR AS: årsregnskap 2025 vs 2024

Grew 28% on revenue, stronger earnings

approved 2026-05-31; registry 2026-06-02; journal 2026 505998

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADVENTURE THOR AS. Revenue 1.28m NOK → 1.64m NOK (+27.7%). Net result +32.9k NOK → +81.5k NOK. Equity 181.6k NOK → 163.1k NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVENTURE THOR AS.

Scorecard

Revenue
1.28m NOK 1.64m NOK
+27.7%
Operating result
+51.9k NOK +103.5k NOK
+99.3%
Net result
+32.9k NOK +81.5k NOK
+147.9%
Equity
181.6k NOK 163.1k NOK
-10.2%
Cash
293.0k NOK 277.6k NOK
-5.3%
Total assets
407.0k NOK 350.9k NOK
-13.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.28m NOK to 1.64m NOK (+27.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +51.9k NOK → +103.5k NOK (op. margin 4.1% → 6.3%). Calculated

  • ↑

    Net result improved

    Net result +32.9k NOK → +81.5k NOK (net margin 2.6% → 5.0%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 181.6k NOK → 163.1k NOK (equity ratio 44.6% → 46.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 293.0k NOK → 277.6k NOK (-5.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 912.0k NOK → 59.9k NOK (-93.4% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact