Org.nr 920 240 887 2022 → 2023 Year-over-year analysis

ADA FLORØ AS: årsregnskap 2023 vs 2022

Grew 7% on revenue

approved 2024-05-27; registry 2024-06-12; journal 2024 462982

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADA FLORØ AS. Revenue 3.19m NOK → 3.41m NOK (+6.7%). Net result +448.2k NOK → +437.3k NOK. Equity 1.27m NOK → 1.38m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADA FLORØ AS.

Scorecard

Revenue
3.19m NOK 3.41m NOK
+6.7%
Operating result
+2.22m NOK +2.41m NOK
+8.9%
Net result
+448.2k NOK +437.3k NOK
-2.4%
Equity
1.27m NOK 1.38m NOK
+8.2%
Cash
2 705 NOK n/m
—
Total assets
40.46m NOK 43.89m NOK
+8.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.19m NOK to 3.41m NOK (+6.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.22m NOK → +2.41m NOK (op. margin 69.4% → 70.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.27m NOK → 1.38m NOK (equity ratio 3.2% → 3.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation