Org.nr 890 573 762 2022 → 2023 Year-over-year analysis

ADACC INVEST AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, returned to profit

approved 2024-06-30; registry 2024-08-02; journal 2024 698540

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADACC INVEST AS. Revenue 6 525 NOK → 0 NOK (-100.0%). Net result -2.72m NOK → +607.2k NOK. Equity 153.0k NOK → 760.3k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADACC INVEST AS.

Scorecard

Revenue
6 525 NOK 0 NOK
-100.0%
Operating result
-3.00m NOK -9 596 NOK
+99.7%
Net result
-2.72m NOK +607.2k NOK
+122.3%
Equity
153.0k NOK 760.3k NOK
+396.8%
Cash
11 NOK 82 NOK
+645.5%
Total assets
5.99m NOK 6.60m NOK
+10.2%

What improved

  • ↑

    Operating result improved

    Operating result -3.00m NOK → -9 596 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.72m NOK to a profit of 607.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 153.0k NOK → 760.3k NOK (equity ratio 2.6% → 11.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -740.02× → 11.43×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6 525 NOK to 0 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 8.97m NOK → 6.59m NOK. Reported fact