Org.nr 928 725 693 2022 → 2023 Year-over-year analysis

ADAN AS: årsregnskap 2023 vs 2022

Grew 645% on revenue, returned to profit

approved 2024-06-12; registry 2024-06-15; journal 2024 508300

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADAN AS. Revenue 4 839 NOK → 36.0k NOK (+644.7%). Net result -17.6k NOK → +18.9k NOK. Equity 6 787 NOK → 25.7k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.

Net constructive year on the published lines.

Scorecard

Revenue
4 839 NOK 36.0k NOK
+644.7%
Operating result
-22.6k NOK +24.2k NOK
+207.0%
Net result
-17.6k NOK +18.9k NOK
+206.9%
Equity
6 787 NOK 25.7k NOK
+278.0%
Cash
2 114 NOK 26.0k NOK
+1130.5%
Total assets
7 090 NOK 26.0k NOK
+266.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4 839 NOK to 36.0k NOK (+644.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -22.6k NOK → +24.2k NOK (op. margin -467.4% → 67.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 17.6k NOK to a profit of 18.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 6 787 NOK → 25.7k NOK (equity ratio 95.7% → 98.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 114 NOK → 26.0k NOK (+1130.5% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 6.98× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated