ADWINIGROUP AS: årsregnskap 2024 vs 2023
Shrank 17% on revenue, slipped into loss
approved 2025-04-10; registry 2025-06-24; journal 2025 565724
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADWINIGROUP AS. Revenue 977.6k NOK → 808.5k NOK (-17.3%). Net result +20.6k NOK → -65.9k NOK. Equity -54.5k NOK → -120.4k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADWINIGROUP AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 977.6k NOK to 808.5k NOK (-17.3% YoY). Calculated
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Operating result weakened
Operating result +71.5k NOK → -65.6k NOK (op. margin 7.3% → -8.1%). Calculated
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Fell into a net loss
Net result flipped from 20.6k NOK profit to a loss of 65.9k NOK. Calculated
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Equity eroded
Book equity -54.5k NOK → -120.4k NOK (equity ratio -12.5% → -31.6%). Calculated
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Cash fell
Bank deposits 37.6k NOK → 25.6k NOK (-32.0% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -31.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 631.7k NOK → 555.0k NOK (-12.1% YoY). Calculated