Org.nr 927 430 932 2022 → 2023 Year-over-year analysis

ADIUS EIENDOM AS: årsregnskap 2023 vs 2022

Grew 36% on revenue, returned to profit

approved 2024-04-25; registry 2024-04-29; journal 2024 383014

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADIUS EIENDOM AS. Revenue 654 NOK → 888 NOK (+35.8%). Net result -1.25m NOK → +425.1k NOK. Equity 685.1k NOK → 110.2k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADIUS EIENDOM AS.

Scorecard

Revenue
654 NOK 888 NOK
+35.8%
Operating result
-1.54m NOK +660.6k NOK
+143.0%
Net result
-1.25m NOK +425.1k NOK
+134.0%
Equity
685.1k NOK 110.2k NOK
-83.9%
Cash
69.5k NOK 2.35m NOK
+3280.4%
Total assets
3.07m NOK 3.18m NOK
+3.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 654 NOK to 888 NOK (+35.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.54m NOK → +660.6k NOK (op. margin -234994.8% → 74397.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.25m NOK to a profit of 425.1k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 69.5k NOK → 2.35m NOK (+3280.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.95× → 6.82×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 685.1k NOK → 110.2k NOK (equity ratio 22.3% → 3.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation