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Org.nr 811 673 862 2022 → 2023 Year-over-year analysis

ADELIN AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-03-27; registry 2024-04-09; journal 2024 345997

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADELIN AS. Revenue 8.62m NOK → 8.27m NOK (-4.1%). Net result +326.8k NOK → +160.5k NOK. Equity 2.73m NOK → 2.89m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADELIN AS.

At a glance

Scorecard

Revenue
8.62m NOK 8.27m NOK
-4.1%
Operating result
+460.8k NOK +206.3k NOK
-55.2%
Net result
+326.8k NOK +160.5k NOK
-50.9%
Equity
2.73m NOK 2.89m NOK
+5.9%
Cash
1.12m NOK 1.05m NOK
-6.2%
Total assets
4.19m NOK 4.59m NOK
+9.4%

What improved

  • ↑

    Equity strengthened

    Book equity 2.73m NOK → 2.89m NOK (equity ratio 65.1% → 63.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.62m NOK to 8.27m NOK (-4.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +460.8k NOK → +206.3k NOK (op. margin 5.3% → 2.5%). Calculated

  • ↓

    Net result weakened

    Net result +326.8k NOK → +160.5k NOK (net margin 3.8% → 1.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.12m NOK → 1.05m NOK (-6.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.59m NOK → 2.68m NOK (30% → 32% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.46m NOK → 4.19m NOK (-6.1% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 5.5. Reported fact