ADAM STIBLAR AS: årsregnskap 2023 vs 2022
Shrank 8% on revenue, weaker earnings
approved 2024-03-11; registry 2024-04-30; journal 2024 358511
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADAM STIBLAR AS. Revenue 65.92m NOK → 60.95m NOK (-7.5%). Net result +223.4k NOK → +158.9k NOK. Equity 1.01m NOK → 1.17m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADAM STIBLAR AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.01m NOK → 1.17m NOK (equity ratio 15.0% → 18.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 65.92m NOK to 60.95m NOK (-7.5% YoY). Calculated
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↓
Operating result weakened
Operating result +260.3k NOK → +165.6k NOK (op. margin 0.4% → 0.3%). Calculated
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↓
Net result weakened
Net result +223.4k NOK → +158.9k NOK (net margin 0.3% → 0.3%). Calculated
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↓
Cash fell
Bank deposits 2.85m NOK → 1.60m NOK (-43.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 4.21m NOK → 4.48m NOK (6% → 7% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 55.20m NOK → 50.44m NOK (-8.6% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 10 → 7. Reported fact