FirmaIQ
Org.nr 925 820 768 2022 → 2023 Year-over-year analysis

ADAMS AUTO AS: årsregnskap 2023 vs 2022

Grew 83534% on revenue, weaker earnings

approved 2024-06-30; registry 2024-07-23; journal 2024 663557

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADAMS AUTO AS. Revenue 41.9k NOK → 35.06m NOK (+83534.0%). Net result +1.66m NOK → +571.4k NOK. Equity 1.68m NOK → 2.25m NOK.

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

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

At a glance

Scorecard

Revenue
41.9k NOK 35.06m NOK
+83534.0%
Operating result
+2.16m NOK +806.2k NOK
-62.7%
Net result
+1.66m NOK +571.4k NOK
-65.6%
Equity
1.68m NOK 2.25m NOK
+34.1%
Cash
1.65m NOK 1.27m NOK
-22.9%
Total assets
5.71m NOK 6.35m NOK
+11.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 41.9k NOK to 35.06m NOK (+83534.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.68m NOK → 2.25m NOK (equity ratio 29.3% → 35.4%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.16m NOK → +806.2k NOK (op. margin 5149.9% → 2.3%). Calculated

  • ↓

    Net result weakened

    Net result +1.66m NOK → +571.4k NOK (net margin 3963.9% → 1.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.65m NOK → 1.27m NOK (-22.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 37.5k NOK → 32.21m NOK (+85695.6% YoY). Calculated