AD UNDAS AS: årsregnskap 2023 vs 2022
Shrank 13% on revenue, weaker earnings, cash halved-plus
approved 2024-05-24; registry 2024-05-30; journal 2024 462477
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AD UNDAS AS. Revenue 6.11m NOK → 5.33m NOK (-12.7%). Net result +483.0k NOK → +188.8k NOK. Equity 705.0k NOK → 638.2k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AD UNDAS AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.11m NOK to 5.33m NOK (-12.7% YoY). Calculated
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↓
Operating result weakened
Operating result +671.7k NOK → +306.8k NOK (op. margin 11.0% → 5.8%). Calculated
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↓
Net result weakened
Net result +483.0k NOK → +188.8k NOK (net margin 7.9% → 3.5%). Calculated
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↓
Equity eroded
Book equity 705.0k NOK → 638.2k NOK (equity ratio 35.0% → 33.3%). Calculated
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↓
Cash fell
Bank deposits 912.1k NOK → 133.4k NOK (-85.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.47m NOK → 3.05m NOK (-12.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 300 NOK → 200.3k NOK. Reported fact