ADCOLONY HOLDING AS: årsregnskap 2023 vs 2022
Weaker earnings, cash halved-plus
approved 2024-11-28; registry 2024-12-02; journal 2024 757638
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADCOLONY HOLDING AS. Net result -5.73m NOK → -1.31bn NOK. Equity 2.77bn NOK → 1.20bn NOK.
On the constructive side: operating result improved; current ratio back above 1×. Pressures included: net 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 ADCOLONY HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -2.99m NOK → -2.15m NOK. Calculated
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↑
Current ratio back above 1×
Current ratio 0.30× → 3.21×. Calculated
What deteriorated
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↓
Net result weakened
Net result -5.73m NOK → -1.31bn NOK. Calculated
-
↓
Equity eroded
Book equity 2.77bn NOK → 1.20bn NOK (equity ratio 99.1% → 77.5%). Calculated
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↓
Cash fell
Bank deposits 7.55m NOK → 1.24m NOK (-83.5% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (7.55m NOK → 1.24m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 2.79bn NOK → 1 NOK. Reported fact