ADJOY AS: årsregnskap 2023 vs 2022
Grew 34% on revenue, weaker earnings
approved 2024-02-27; registry 2024-02-29; journal 2024 314939
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADJOY AS. Revenue 2.30m NOK → 3.09m NOK (+34.4%). Net result +357.8k NOK → +219.2k NOK. Equity 382.2k NOK → 601.4k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADJOY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.30m NOK to 3.09m NOK (+34.4% YoY). Calculated
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↑
Equity strengthened
Book equity 382.2k NOK → 601.4k NOK (equity ratio 45.8% → 3041.2%). Calculated
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↑
Cash rose
Bank deposits 649.3k NOK → 756.3k NOK (+16.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +457.7k NOK → +282.0k NOK (op. margin 19.9% → 9.1%). Calculated
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↓
Net result weakened
Net result +357.8k NOK → +219.2k NOK (net margin 15.6% → 7.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.85× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 330.1k NOK → 648.7k NOK (+96.5% YoY). Calculated