FirmaIQ
Org.nr 996 494 225 2022 → 2023 Year-over-year analysis

AD PROSJEKT BYGG AS: årsregnskap 2023 vs 2022

Grew 13% on revenue, stronger earnings

approved 2024-06-07; registry 2024-06-26; journal 2024 528966

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AD PROSJEKT BYGG AS. Revenue 80.90m NOK → 91.70m NOK (+13.3%). Net result +3.37m NOK → +6.23m NOK. Equity 4.81m NOK → 6.34m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AD PROSJEKT BYGG AS.

At a glance

Scorecard

Revenue
80.90m NOK 91.70m NOK
+13.3%
Operating result
+4.35m NOK +8.02m NOK
+84.4%
Net result
+3.37m NOK +6.23m NOK
+85.2%
Equity
4.81m NOK 6.34m NOK
+31.9%
Cash
16.38m NOK 12.99m NOK
-20.7%
Total assets
32.13m NOK 30.60m NOK
-4.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 80.90m NOK to 91.70m NOK (+13.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.35m NOK → +8.02m NOK (op. margin 5.4% → 8.7%). Calculated

  • ↑

    Net result improved

    Net result +3.37m NOK → +6.23m NOK (net margin 4.2% → 6.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.81m NOK → 6.34m NOK (equity ratio 15.0% → 20.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 16.38m NOK → 12.99m NOK (-20.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.22m NOK → 3.77m NOK (4% → 4% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 71.93m NOK → 78.41m NOK (+9.0% YoY). Calculated