Org.nr 939 000 313 2023 → 2024 Year-over-year analysis

ADWANS AS: årsregnskap 2024 vs 2023

Grew 28% on revenue, weaker earnings

approved 2025-06-30; registry 2025-07-02; journal 2025 611258

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADWANS AS. Revenue 531.6k NOK → 678.7k NOK (+27.7%). Net result +184.5k NOK → +136.9k NOK. Equity 199.7k NOK → 336.6k NOK.

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

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

Scorecard

Revenue
531.6k NOK 678.7k NOK
+27.7%
Operating result
+209.6k NOK +169.4k NOK
-19.2%
Net result
+184.5k NOK +136.9k NOK
-25.8%
Equity
199.7k NOK 336.6k NOK
+68.6%
Cash
243.1k NOK 345.7k NOK
+42.2%
Total assets
243.1k NOK 403.2k NOK
+65.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 531.6k NOK to 678.7k NOK (+27.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 199.7k NOK → 336.6k NOK (equity ratio 82.1% → 83.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 243.1k NOK → 345.7k NOK (+42.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +209.6k NOK → +169.4k NOK (op. margin 39.4% → 25.0%). Calculated

  • ↓

    Net result weakened

    Net result +184.5k NOK → +136.9k NOK (net margin 34.7% → 20.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 94.6k NOK → 3.27m NOK (18% → 482% of revenue). Calculated