A&D SERVICE AS: årsregnskap 2023 vs 2022
Grew 108% on revenue, cash halved-plus
registry 2024-05-15; journal 2024 414045
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A&D SERVICE AS. Revenue 177.7k NOK → 370.2k NOK (+108.3%). Net result +1 182 NOK → +10.0k NOK. Equity 25.6k NOK → 35.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for A&D SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 177.7k NOK to 370.2k NOK (+108.3% YoY). Calculated
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Operating result improved
Operating result +1 213 NOK → +11.6k NOK (op. margin 0.7% → 3.1%). Calculated
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↑
Net result improved
Net result +1 182 NOK → +10.0k NOK (net margin 0.7% → 2.7%). Calculated
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↑
Equity strengthened
Book equity 25.6k NOK → 35.6k NOK (equity ratio 13.1% → 61.2%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 195.2k NOK → 37.5k NOK (-80.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 130 NOK → 2.24m NOK (1% → 606% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact