FirmaIQ
Org.nr 926 462 016 2022 → 2023 Year-over-year analysis

ADAM AS: årsregnskap 2023 vs 2022

Grew 9% on revenue, cash halved-plus

approved 2024-04-16; registry 2024-04-18; journal 2024 363365

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADAM AS. Revenue 6.00m NOK → 6.53m NOK (+8.8%). Net result +118.7k NOK → +137.0k NOK. Equity 479.0k NOK → 615.9k NOK.

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

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADAM AS.

At a glance

Scorecard

Revenue
6.00m NOK 6.53m NOK
+8.8%
Operating result
+165.6k NOK +178.0k NOK
+7.5%
Net result
+118.7k NOK +137.0k NOK
+15.4%
Equity
479.0k NOK 615.9k NOK
+28.6%
Cash
699.7k NOK 77.4k NOK
-88.9%
Total assets
1.91m NOK 1.89m NOK
-0.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.00m NOK to 6.53m NOK (+8.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +165.6k NOK → +178.0k NOK (op. margin 2.8% → 2.7%). Calculated

  • ↑

    Net result improved

    Net result +118.7k NOK → +137.0k NOK (net margin 2.0% → 2.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 479.0k NOK → 615.9k NOK (equity ratio 25.1% → 32.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 699.7k NOK → 77.4k NOK (-88.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 9 853 NOK → 534.5k NOK (+5324.8% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 8.89 → 7.67. Reported fact