ADAMS VESTBY AS: årsregnskap 2023 vs 2022
Grew 6% on revenue, weaker earnings, cash halved-plus
approved 2024-04-09; registry 2024-05-08; journal 2024 364663
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADAMS VESTBY AS. Revenue 2.31m NOK → 2.46m NOK (+6.5%). Net result +870.3k NOK → +362.2k NOK. Equity 10.53m NOK → 14.87m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADAMS VESTBY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.31m NOK to 2.46m NOK (+6.5% YoY). Calculated
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↑
Operating result improved
Operating result +1.49m NOK → +1.51m NOK (op. margin 64.7% → 61.3%). Calculated
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↑
Equity strengthened
Book equity 10.53m NOK → 14.87m NOK (equity ratio 48.4% → 58.8%). Calculated
What deteriorated
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↓
Net result weakened
Net result +870.3k NOK → +362.2k NOK (net margin 37.7% → 14.7%). Calculated
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↓
Cash fell
Bank deposits 887.4k NOK → 302.3k NOK (-65.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4 NOK → 6.32m NOK. Reported fact