ADWATER AS: årsregnskap 2024 vs 2023
Grew 28% on revenue, weaker earnings, cash halved-plus
approved 2025-05-31; registry 2025-09-02; journal 2025 753237
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADWATER AS. Revenue 4.81m NOK → 6.15m NOK (+27.9%). Net result -45.0k NOK → -79.8k NOK. Equity 192.3k NOK → 112.5k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADWATER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.81m NOK to 6.15m NOK (+27.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -47.8k NOK → -56.4k NOK (op. margin -1.0% → -0.9%). Calculated
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↓
Net result weakened
Net result -45.0k NOK → -79.8k NOK (net margin -0.9% → -1.3%). Calculated
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↓
Equity eroded
Book equity 192.3k NOK → 112.5k NOK (equity ratio 41.8% → 12.1%). Calculated
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↓
Cash fell
Bank deposits 168.3k NOK → 51.1k NOK (-69.6% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 4.02m NOK → 5.46m NOK (+35.6% YoY). Calculated