ADEA IT AS: årsregnskap 2023 vs 2022
Grew 20% on revenue, stronger earnings
approved 2024-06-23; registry 2024-06-25; journal 2024 544567
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADEA IT AS. Revenue 1.63m NOK → 1.95m NOK (+20.3%). Net result +453.6k NOK → +599.0k NOK. Equity 12.17m NOK → 173.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADEA IT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.63m NOK to 1.95m NOK (+20.3% YoY). Calculated
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↑
Operating result improved
Operating result +582.3k NOK → +769.1k NOK (op. margin 35.8% → 39.3%). Calculated
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↑
Net result improved
Net result +453.6k NOK → +599.0k NOK (net margin 27.9% → 30.6%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 12.17m NOK → 173.6k NOK (equity ratio 2214.6% → 30.2%). Calculated
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↓
Cash fell
Bank deposits 212.9k NOK → 197.4k NOK (-7.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 NOK → 871.0k NOK (0% → 45% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 0 NOK → 206.2k NOK (None YoY). Calculated
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·
Book investments changed
Investment / intangible book value 270 NOK → 1 617 NOK. Reported fact