Org.nr 924 772 034 2022 → 2023 Year-over-year analysis

A DEVELOPMENT AS: årsregnskap 2023 vs 2022

Shrank 85% on revenue, stronger earnings

approved 2024-06-12; registry 2024-06-22; journal 2024 508902

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A DEVELOPMENT AS. Revenue 413.8k NOK → 62.7k NOK (-84.8%). Net result +959.9k NOK → +1.94m NOK. Equity 2.09m NOK → 5.01m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
413.8k NOK 62.7k NOK
-84.8%
Operating result
-1.11m NOK +2.42m NOK
+318.2%
Net result
+959.9k NOK +1.94m NOK
+102.2%
Equity
2.09m NOK 5.01m NOK
+139.8%
Cash
1.77m NOK 1.03m NOK
-42.0%
Total assets
16.07m NOK 13.36m NOK
-16.9%

What improved

  • ↑

    Operating result improved

    Operating result -1.11m NOK → +2.42m NOK (op. margin -267.7% → 3852.0%). Calculated

  • ↑

    Net result improved

    Net result +959.9k NOK → +1.94m NOK (net margin 232.0% → 3094.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.09m NOK → 5.01m NOK (equity ratio 13.0% → 37.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 413.8k NOK to 62.7k NOK (-84.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.77m NOK → 1.03m NOK (-42.0% YoY). Calculated