ADARIS AS: årsregnskap 2023 vs 2022
Stronger earnings, cash halved-plus
approved 2024-05-15; registry 2024-07-10; journal 2024 608313
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADARIS AS. Net result +1.12m NOK → +5.22m NOK. Equity 38.15m NOK → 35.17m NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADARIS AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +1.12m NOK → +5.22m NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -42.5k NOK → -44.3k NOK. Calculated
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↓
Equity eroded
Book equity 38.15m NOK → 35.17m NOK (equity ratio 97.4% → 95.3%). Calculated
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↓
Cash fell
Bank deposits 2.10m NOK → 71.3k NOK (-96.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.10m NOK → 71.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 10.70m NOK → 7.10m NOK. Reported fact