ADATO AS: årsregnskap 2023 vs 2022
Grew 52% on revenue, slipped into loss, cash halved-plus
approved 2024-05-29; registry 2024-06-03; journal 2024 477135
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADATO AS. Revenue 5.17m NOK → 7.86m NOK (+52.2%). Net result +9.48m NOK → -8.98m NOK. Equity 592.4k NOK → 56.1k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADATO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.17m NOK to 7.86m NOK (+52.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +628.8k NOK → -7.33m NOK (op. margin 12.2% → -93.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 9.48m NOK profit to a loss of 8.98m NOK. Calculated
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↓
Equity eroded
Book equity 592.4k NOK → 56.1k NOK (equity ratio 8.6% → 0.1%). Calculated
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↓
Cash fell
Bank deposits 95.8k NOK → 12.6k NOK (-86.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 284.6k NOK → 1.49m NOK (+422.5% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 8. Reported fact