ADFORM NORWAY AS: årsregnskap 2023 vs 2022
Grew 16% on revenue, stronger earnings
approved 2024-05-13; registry 2024-06-12; journal 2024 457926
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADFORM NORWAY AS. Revenue 9.71m NOK → 11.27m NOK (+16.0%). Net result +383.1k NOK → +675.3k NOK. Equity 128.3k NOK → 128.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: thin equity buffer; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADFORM NORWAY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 9.71m NOK to 11.27m NOK (+16.0% YoY). Calculated
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Operating result improved
Operating result +552.6k NOK → +905.0k NOK (op. margin 5.7% → 8.0%). Calculated
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Net result improved
Net result +383.1k NOK → +675.3k NOK (net margin 3.9% → 6.0%). Calculated
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Cash rose
Bank deposits 340.3k NOK → 385.3k NOK (+13.2% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 4.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 50.0k NOK → 644.1k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 11 → 7. Reported fact