Org.nr 992 075 260 2022 → 2023 Year-over-year analysis

ADAMS HOLDING AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-05-23; registry 2024-05-27; journal 2024 438270

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADAMS HOLDING AS. Net result +785.4k NOK → +1 179 NOK. Equity 2.47m NOK → 2.24m NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
0 NOK n/m
—
Operating result
-11.9k NOK -16.3k NOK
-37.4%
Net result
+785.4k NOK +1 179 NOK
-99.8%
Equity
2.47m NOK 2.24m NOK
-9.3%
Cash
197.1k NOK 267.6k NOK
+35.8%
Total assets
2.47m NOK 2.54m NOK
+2.9%

What improved

  • ↑

    Cash rose

    Bank deposits 197.1k NOK → 267.6k NOK (+35.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -11.9k NOK → -16.3k NOK. Calculated

  • ↓

    Net result weakened

    Net result +785.4k NOK → +1 179 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.47m NOK → 2.24m NOK (equity ratio 99.9% → 88.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 70.81× → 0.88× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated