ADWIST BYGG AS: årsregnskap 2024 vs 2023
Grew 21% on revenue, slipped into loss, cash halved-plus
approved 2025-04-14; registry 2025-04-22; journal 2025 382562
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADWIST BYGG AS. Revenue 4.69m NOK → 5.67m NOK (+21.0%). Net result +470.0k NOK → -227.4k NOK. Equity 224.9k NOK → -2 467 NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADWIST BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.69m NOK to 5.67m NOK (+21.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +528.6k NOK → -227.9k NOK (op. margin 11.3% → -4.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 470.0k NOK profit to a loss of 227.4k NOK. Calculated
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↓
Equity eroded
Book equity 224.9k NOK → -2 467 NOK (equity ratio 18.3% → -0.2%). Calculated
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↓
Cash fell
Bank deposits 399.7k NOK → 109.1k NOK (-72.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.20× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 193.9k NOK → 243.6k NOK (+25.7% YoY). Calculated