ADJUVO EIENDOM AS: årsregnskap 2023 vs 2022
Grew 29% on revenue, weaker earnings, cash halved-plus
approved 2024-08-19; registry 2024-09-03; journal 2024 742624
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADJUVO EIENDOM AS. Revenue 287.2k NOK → 371.6k NOK (+29.4%). Net result -75.3k NOK → -602.7k NOK. Equity 2.31m NOK → 5.46m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADJUVO EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 287.2k NOK to 371.6k NOK (+29.4% YoY). Calculated
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↑
Equity strengthened
Book equity 2.31m NOK → 5.46m NOK (equity ratio 28.1% → 65.0%). Calculated
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↑
Payroll decreased
Salary cost 39.4k NOK → 24.2k NOK (14% → 7% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -94.8k NOK → -333.5k NOK (op. margin -33.0% → -89.8%). Calculated
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↓
Net result weakened
Net result -75.3k NOK → -602.7k NOK (net margin -26.2% → -162.2%). Calculated
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↓
Cash fell
Bank deposits 418.6k NOK → 66.9k NOK (-84.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 475.0k NOK → 32.5k NOK. Reported fact