FirmaIQ
Org.nr 989 218 190 2022 → 2023 Year-over-year analysis

ADAKS HOLDING AS: årsregnskap 2023 vs 2022

Grew 200% on revenue, stronger earnings

approved 2024-06-01; registry 2024-06-17; journal 2024 484637

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADAKS HOLDING AS. Revenue 3.72m NOK → 11.16m NOK (+200.1%). Net result +2.11m NOK → +9.50m NOK. Equity 8.73m NOK → 17.63m NOK.

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

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

At a glance

Scorecard

Revenue
3.72m NOK 11.16m NOK
+200.1%
Operating result
+3.02m NOK +578.7k NOK
-80.8%
Net result
+2.11m NOK +9.50m NOK
+351.0%
Equity
8.73m NOK 17.63m NOK
+101.8%
Cash
1.18m NOK 7.57m NOK
+539.2%
Total assets
23.24m NOK 29.48m NOK
+26.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.72m NOK to 11.16m NOK (+200.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.11m NOK → +9.50m NOK (net margin 56.6% → 85.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 8.73m NOK → 17.63m NOK (equity ratio 37.6% → 59.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.18m NOK → 7.57m NOK (+539.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.98× → 4.90×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.02m NOK → +578.7k NOK (op. margin 81.2% → 5.2%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 90.2k NOK → 9.95m NOK (+10940.9% YoY). Calculated