Org.nr 928 121 747 2022 → 2023 Year-over-year analysis

ADAMSA AS: årsregnskap 2023 vs 2022

Shrank 161% on revenue, slipped into loss, cash halved-plus

approved 2024-03-08; registry 2024-03-11; journal 2024 324349

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADAMSA AS. Revenue 84.3k NOK → -51.8k NOK (-161.5%). Net result +24.5k NOK → -63.8k NOK. Equity 54.5k NOK → -9 279 NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADAMSA AS.

Scorecard

Revenue
84.3k NOK -51.8k NOK
-161.5%
Operating result
+24.5k NOK -58.4k NOK
-338.3%
Net result
+24.5k NOK -63.8k NOK
-360.1%
Equity
54.5k NOK -9 279 NOK
-117.0%
Cash
8 586 NOK 0 NOK
-100.0%
Total assets
62.8k NOK 631 NOK
-99.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 84.3k NOK to -51.8k NOK (-161.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +24.5k NOK → -58.4k NOK (op. margin 29.1% → 112.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 24.5k NOK profit to a loss of 63.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 54.5k NOK → -9 279 NOK (equity ratio 86.8% → -1470.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 8 586 NOK → 0 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1470.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 43.0k NOK → 412 NOK (-99.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 0.2. Reported fact