ADEKO AS: årsregnskap 2023 vs 2022
Shrank 56% on revenue, stronger earnings
approved 2024-08-20; registry 2024-08-28; journal 2024 735070
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADEKO AS. Revenue 6.40m NOK → 2.83m NOK (-55.8%). Net result +135.9k NOK → +275.8k NOK. Equity 2.55m NOK → 2.83m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADEKO AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -423.4k NOK → +346.2k NOK (op. margin -6.6% → 12.2%). Calculated
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Net result improved
Net result +135.9k NOK → +275.8k NOK (net margin 2.1% → 9.7%). Calculated
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Equity strengthened
Book equity 2.55m NOK → 2.83m NOK (equity ratio 59.6% → 82.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.40m NOK to 2.83m NOK (-55.8% YoY). Calculated
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↓
Cash fell
Bank deposits 476.6k NOK → 355.3k NOK (-25.5% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 412.8k NOK → 2.39m NOK (6% → 84% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 6.14m NOK → 1.44m NOK (-76.6% YoY). Calculated
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Book investments changed
Investment / intangible book value 1.80m NOK → 1.30m NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 0.5 → 1. Reported fact