ADAGRAD AS: årsregnskap 2023 vs 2022
Slipped into loss, cash halved-plus
approved 2024-06-07; registry 2024-06-20; journal 2024 528519
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADAGRAD AS. Revenue 0 NOK → 170.0k NOK. Net result +66.5k NOK → -253.5k NOK. Equity 1.16m NOK → -93.8k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADAGRAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 170.0k NOK. Calculated
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↑
Operating result improved
Operating result -8 500 NOK → +161.1k NOK. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 66.5k NOK profit to a loss of 253.5k NOK. Calculated
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↓
Equity eroded
Book equity 1.16m NOK → -93.8k NOK (equity ratio 234.5% → -132.1%). Calculated
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↓
Cash fell
Bank deposits 75.5k NOK → 6 532 NOK (-91.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -132.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 419.0k NOK → 1 414 NOK. Reported fact