AD STUDIO AS: årsregnskap 2023 vs 2022
Slipped into loss, cash halved-plus
approved 2024-03-27; registry 2024-04-02; journal 2024 342832
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AD STUDIO AS. Net result 0 NOK → -52.8k NOK. Equity 30.0k NOK → -22.8k NOK.
Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AD STUDIO AS.
At a glance
Scorecard
Revenue
n/m
236.7k NOK
—
Operating result
n/m
-67.7k NOK
—
Net result
0 NOK
-52.8k NOK
—
Equity
30.0k NOK
-22.8k NOK
-176.1%
Cash
30.0k NOK
9 967 NOK
-66.8%
Total assets
30.0k NOK
71.5k NOK
+138.4%
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 0 NOK profit to a loss of 52.8k NOK. Calculated
-
↓
Equity eroded
Book equity 30.0k NOK → -22.8k NOK (equity ratio 100.0% → -31.9%). Calculated
-
↓
Cash fell
Bank deposits 30.0k NOK → 9 967 NOK (-66.8% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -31.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation