FirmaIQ
Org.nr 921 351 364 2022 → 2023 Year-over-year analysis

AD PROPERTY AS: årsregnskap 2023 vs 2022

Grew 90% on revenue, returned to profit

approved 2024-07-25; registry 2024-07-30; journal 2024 685649

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AD PROPERTY AS. Revenue 449.3k NOK → 852.5k NOK (+89.7%). Net result -1.55m NOK → +638.3k NOK. Equity 2.15m NOK → 2.79m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
449.3k NOK 852.5k NOK
+89.7%
Operating result
-443.5k NOK +554.2k NOK
+225.0%
Net result
-1.55m NOK +638.3k NOK
+141.3%
Equity
2.15m NOK 2.79m NOK
+29.7%
Cash
154.5k NOK 364.2k NOK
+135.8%
Total assets
15.24m NOK 15.43m NOK
+1.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 449.3k NOK to 852.5k NOK (+89.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -443.5k NOK → +554.2k NOK (op. margin -98.7% → 65.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.55m NOK to a profit of 638.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.15m NOK → 2.79m NOK (equity ratio 14.1% → 18.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 154.5k NOK → 364.2k NOK (+135.8% YoY). Calculated