FirmaIQ
Org.nr 922 706 980 2022 → 2023 Year-over-year analysis

AD UTVIKLING AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, slipped into loss

approved 2024-06-11; registry 2024-06-24; journal 2024 516270

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AD UTVIKLING AS. Revenue 29.68m NOK → 5 821 NOK (-100.0%). Net result +5.66m NOK → -13.2k NOK. Equity 3.33m NOK → 715.0k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AD UTVIKLING AS.

At a glance

Scorecard

Revenue
29.68m NOK 5 821 NOK
-100.0%
Operating result
+7.51m NOK -270.8k NOK
-103.6%
Net result
+5.66m NOK -13.2k NOK
-100.2%
Equity
3.33m NOK 715.0k NOK
-78.5%
Cash
320.2k NOK 507.9k NOK
+58.6%
Total assets
9.59m NOK 4.84m NOK
-49.5%

What improved

  • ↑

    Cash rose

    Bank deposits 320.2k NOK → 507.9k NOK (+58.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 29.68m NOK to 5 821 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +7.51m NOK → -270.8k NOK (op. margin 25.3% → -4651.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 5.66m NOK profit to a loss of 13.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.33m NOK → 715.0k NOK (equity ratio 34.7% → 14.8%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 21.83m NOK → 25.3k NOK (-99.9% YoY). Calculated