ADIUVARET AS: årsregnskap 2023 vs 2022
Grew 28% on revenue, weaker earnings
approved 2024-02-27; registry 2024-03-04; journal 2024 316824
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADIUVARET AS. Revenue 2.73m NOK → 3.50m NOK (+28.0%). Net result +903.4k NOK → +159.6k NOK. Equity 179.7k NOK → 339.3k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADIUVARET AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.73m NOK to 3.50m NOK (+28.0% YoY). Calculated
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↑
Operating result improved
Operating result +153.3k NOK → +1.46m NOK (op. margin 5.6% → 41.8%). Calculated
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Equity strengthened
Book equity 179.7k NOK → 339.3k NOK (equity ratio 9.9% → 15.5%). Calculated
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Cash rose
Bank deposits 434.4k NOK → 1.69m NOK (+290.0% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +903.4k NOK → +159.6k NOK (net margin 33.0% → 4.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.54× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.12m NOK → 1.52m NOK (41% → 43% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 70.8k NOK → 87.3k NOK (+23.4% YoY). Calculated