ADA SOGNDAL E AS: årsregnskap 2023 vs 2022
Weaker earnings
approved 2024-06-17; registry 2024-06-25; journal 2024 520165
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADA SOGNDAL E AS. Net result -437.2k NOK → -6.54m NOK. Equity 880.6k NOK → 260.6k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ADA SOGNDAL E AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1 446 NOK → 3 011 NOK (+108.2% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -312.3k NOK → -6.55m NOK. Calculated
-
↓
Net result weakened
Net result -437.2k NOK → -6.54m NOK. Calculated
-
↓
Equity eroded
Book equity 880.6k NOK → 260.6k NOK (equity ratio 5.2% → 0.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 880.6k NOK → 260.6k NOK — check capital reduction, conversion, or reclassification. Interpretation