AD-MA HOLDING AS: årsregnskap 2023 vs 2022
Shrank 74% on revenue, returned to profit, cash halved-plus
approved 2024-05-23; registry 2024-06-24; journal 2024 511086
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AD-MA HOLDING AS. Revenue 277.3k NOK → 70.9k NOK (-74.4%). Net result -5.32m NOK → +63.8k NOK. Equity 17.82m NOK → 17.89m NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AD-MA HOLDING AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 5.32m NOK to a profit of 63.8k NOK. Calculated
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↑
Equity strengthened
Book equity 17.82m NOK → 17.89m NOK (equity ratio 99.3% → 99.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 277.3k NOK to 70.9k NOK (-74.4% YoY). Calculated
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↓
Operating result weakened
Operating result -276.5k NOK → -393.8k NOK (op. margin -99.7% → -555.0%). Calculated
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↓
Cash fell
Bank deposits 409.3k NOK → 121.0k NOK (-70.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 113.4k NOK → 42.6k NOK (-62.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.65m NOK → 2.02m NOK. Reported fact