FirmaIQ
Org.nr 932 183 242 2022 → 2023 Year-over-year analysis

ADAVA HEALTH AS: årsregnskap 2023 vs 2022

Grew 3970% on revenue, stronger earnings

approved 2024-05-23; registry 2024-06-11; journal 2024 449535

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADAVA HEALTH AS. Revenue 285 NOK → 11.6k NOK (+3970.2%). Net result 0 NOK → +2.97m NOK. Equity 0 NOK → 31.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADAVA HEALTH AS.

At a glance

Scorecard

Revenue
285 NOK 11.6k NOK
+3970.2%
Operating result
+544 NOK +3 788 NOK
+596.3%
Net result
0 NOK +2.97m NOK
—
Equity
0 NOK 31.1k NOK
—
Cash
349 NOK 3 831 NOK
+997.7%
Total assets
0 NOK 4.57m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 285 NOK to 11.6k NOK (+3970.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +544 NOK → +3 788 NOK (op. margin 190.9% → 32.7%). Calculated

  • ↑

    Net result improved

    Net result 0 NOK → +2.97m NOK (net margin 0.0% → 25590.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 0 NOK → 31.1k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 349 NOK → 3 831 NOK (+997.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation