Org.nr 923 032 150 2024 → 2025 Year-over-year analysis

ADWAY AS: årsregnskap 2025 vs 2024

Shrank 25% on revenue

approved 2026-06-30; registry 2026-07-01; journal 2026 623592

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADWAY AS. Revenue 33.7k NOK → 25.2k NOK (-25.3%). Net result +1 604 NOK → +1 199 NOK. Equity -1.71m NOK → -1.71m NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADWAY AS.

Scorecard

Revenue
33.7k NOK 25.2k NOK
-25.3%
Operating result
+1 533 NOK +1 134 NOK
-26.0%
Net result
+1 604 NOK +1 199 NOK
-25.2%
Equity
-1.71m NOK -1.71m NOK
+0.1%
Cash
82.2k NOK 60.3k NOK
-26.6%
Total assets
83.1k NOK 60.9k NOK
-26.7%

What improved

  • ↑

    Equity strengthened

    Book equity -1.71m NOK → -1.71m NOK (equity ratio -2055.2% → -2801.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 33.7k NOK to 25.2k NOK (-25.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1 533 NOK → +1 134 NOK (op. margin 4.5% → 4.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 82.2k NOK → 60.3k NOK (-26.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2801.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation