ADAM M HOLDING AS: årsregnskap 2023 vs 2022
Shrank 30% on revenue, returned to profit
approved 2024-06-28; registry 2024-07-06; journal 2024 587324
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADAM M HOLDING AS. Revenue 451.2k NOK → 314.6k NOK (-30.3%). Net result -19.3k NOK → +5.28m NOK. Equity 1.83m NOK → 1.76m NOK.
On the constructive side: turned profitable; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADAM M HOLDING AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 19.3k NOK to a profit of 5.28m NOK. Calculated
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↑
Current ratio back above 1×
Current ratio 0.46× → 2.76×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 451.2k NOK to 314.6k NOK (-30.3% YoY). Calculated
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↓
Operating result weakened
Operating result +146.5k NOK → +109.4k NOK (op. margin 32.5% → 34.8%). Calculated
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↓
Equity eroded
Book equity 1.83m NOK → 1.76m NOK (equity ratio 41.7% → 40.7%). Calculated
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↓
Cash fell
Bank deposits 29.5k NOK → 21.3k NOK (-27.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.20m NOK → 1.23m NOK. Reported fact