ADGO AS: årsregnskap 2023 vs 2022
Weaker earnings
approved 2024-02-20; registry 2024-02-26; journal 2024 312531
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADGO AS. Revenue 0 NOK → 281.4k NOK. Net result -26.0k NOK → -948.9k NOK. Equity 3 969 NOK → -950.5k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADGO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 281.4k NOK. Calculated
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↑
Cash rose
Bank deposits 6 479 NOK → 17.9k NOK (+176.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -26.0k NOK → -948.9k NOK. Calculated
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↓
Net result weakened
Net result -26.0k NOK → -948.9k NOK. Calculated
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↓
Equity eroded
Book equity 3 969 NOK → -950.5k NOK (equity ratio 33.2% → -4143.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -4143.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 30.0k NOK → 24.4k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 0 NOK → 987.2k NOK. Calculated
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·
COGS moved
COGS / varekostnad 0 NOK → 112.5k NOK (None YoY). Calculated