ADLERS BILFORMIDLING AS: årsregnskap 2023 vs 2022
Shrank 25% on revenue, stronger earnings, cash halved-plus
approved 2024-05-07; registry 2024-07-11; journal 2024 629237
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADLERS BILFORMIDLING AS. Revenue 635.2k NOK → 478.2k NOK (-24.7%). Net result -296.0k NOK → -145.8k NOK. Equity -270.2k NOK → -416.0k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADLERS BILFORMIDLING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -295.9k NOK → -147.9k NOK (op. margin -46.6% → -30.9%). Calculated
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↑
Net result improved
Net result -296.0k NOK → -145.8k NOK (net margin -46.6% → -30.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 635.2k NOK to 478.2k NOK (-24.7% YoY). Calculated
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↓
Equity eroded
Book equity -270.2k NOK → -416.0k NOK (equity ratio -98.2% → -132.7%). Calculated
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↓
Cash fell
Bank deposits 9 813 NOK → 281 NOK (-97.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -132.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 634.6k NOK → 412.4k NOK (-35.0% YoY). Calculated