ADJUVANTE AS: årsregnskap 2023 vs 2022
Shrank 27% on revenue, stronger earnings
approved 2024-06-28; registry 2024-07-20; journal 2024 652342
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADJUVANTE AS. Revenue 1.41m NOK → 1.03m NOK (-26.6%). Net result -251.7k NOK → -139.7k NOK. Equity 1.83m NOK → 1.34m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADJUVANTE AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -251.7k NOK → -139.7k NOK (net margin -17.9% → -13.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.41m NOK to 1.03m NOK (-26.6% YoY). Calculated
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↓
Operating result weakened
Operating result -118.8k NOK → -270.9k NOK (op. margin -8.4% → -26.2%). Calculated
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↓
Equity eroded
Book equity 1.83m NOK → 1.34m NOK. Calculated
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↓
Cash fell
Bank deposits 1.72m NOK → 1.39m NOK (-19.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.10m NOK → 1.96m NOK (78% → 189% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 45.9k NOK → 44.1k NOK. Reported fact