FirmaIQ
Org.nr 919 430 885 2022 → 2023 Year-over-year analysis

ADAKS BYGG AS: årsregnskap 2023 vs 2022

Grew 8% on revenue, weaker earnings, cash halved-plus

approved 2024-07-25; registry 2024-07-30; journal 2024 686557

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADAKS BYGG AS. Revenue 4.30m NOK → 4.62m NOK (+7.5%). Net result +411.5k NOK → +54.4k NOK. Equity 636.6k NOK → 104.4k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAKS BYGG AS.

At a glance

Scorecard

Revenue
4.30m NOK 4.62m NOK
+7.5%
Operating result
+56.3k NOK +80.2k NOK
+42.6%
Net result
+411.5k NOK +54.4k NOK
-86.8%
Equity
636.6k NOK 104.4k NOK
-83.6%
Cash
553.4k NOK 3 328 NOK
-99.4%
Total assets
3.58m NOK 111.2k NOK
-96.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.30m NOK to 4.62m NOK (+7.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +56.3k NOK → +80.2k NOK (op. margin 1.3% → 1.7%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +411.5k NOK → +54.4k NOK (net margin 9.6% → 1.2%). Calculated

  • ↓

    Equity eroded

    Book equity 636.6k NOK → 104.4k NOK (equity ratio 17.8% → 93.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 553.4k NOK → 3 328 NOK (-99.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.12m NOK → 1.47m NOK (-64.4% YoY). Calculated