AD VENTURES AS: årsregnskap 2023 vs 2022
Shrank 100% on revenue, weaker earnings
approved 2024-06-27; registry 2024-08-14; journal 2024 727956
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AD VENTURES AS. Revenue 11.0k NOK → 0 NOK (-100.0%). Net result -4 000 NOK → -76.0k NOK. Equity 17.0k NOK → -43.0k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AD VENTURES AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 11.0k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result -4 000 NOK → -8 000 NOK. Calculated
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↓
Net result weakened
Net result -4 000 NOK → -76.0k NOK. Calculated
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↓
Equity eroded
Book equity 17.0k NOK → -43.0k NOK (equity ratio 100.0% → -6.0%). Calculated
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↓
Cash fell
Bank deposits 17.0k NOK → 13.0k NOK (-23.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 14.0k NOK → 0 NOK (-100.0% YoY). Calculated