ADA RESILIENCE AS: årsregnskap 2023 vs 2022
Grew 122% on revenue, slipped into loss
approved 2024-05-14; registry 2024-05-21; journal 2024 421888
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADA RESILIENCE AS. Revenue 68.4k NOK → 152.0k NOK (+122.2%). Net result +3 593 NOK → -249.2k NOK. Equity 28.0k NOK → -221.2k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADA RESILIENCE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 68.4k NOK to 152.0k NOK (+122.2% YoY). Calculated
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Cash rose
Bank deposits 48.9k NOK → 99.6k NOK (+103.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +4 704 NOK → -247.3k NOK (op. margin 6.9% → -162.7%). Calculated
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Fell into a net loss
Net result flipped from 3 593 NOK profit to a loss of 249.2k NOK. Calculated
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↓
Equity eroded
Book equity 28.0k NOK → -221.2k NOK (equity ratio 57.3% → -142.5%). Calculated
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Current ratio dropped below 1×
Current ratio 2.34× → 0.41× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -142.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 22.5k NOK → 311.5k NOK (+1284.4% YoY). Calculated