ADEK AS: årsregnskap 2023 vs 2022
Shrank 8% on revenue, fresh owner capital
approved 2024-06-30; registry 2024-07-29; journal 2024 683975
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADEK AS. Revenue 3.37m NOK → 3.09m NOK (-8.5%). Net result -345.3k NOK → -374.7k NOK. Equity 167.8k NOK → 73.1k NOK.
On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADEK AS.
At a glance
Scorecard
What improved
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Owners injected capital
Paid-in equity rose 464.2k NOK → 744.2k NOK (+280.0k NOK). Reported fact
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Payroll decreased
Salary cost 1.33m NOK → 1.10m NOK (40% → 36% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.37m NOK to 3.09m NOK (-8.5% YoY). Calculated
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Operating result weakened
Operating result -334.3k NOK → -346.3k NOK (op. margin -9.9% → -11.2%). Calculated
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↓
Net result weakened
Net result -345.3k NOK → -374.7k NOK (net margin -10.2% → -12.1%). Calculated
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↓
Equity eroded
Book equity 167.8k NOK → 73.1k NOK (equity ratio 11.5% → 7.3%). Calculated
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Cash fell
Bank deposits 606.1k NOK → 368.0k NOK (-39.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 1.58m NOK → 1.34m NOK (-14.9% YoY). Calculated