ADLOCK NORGE AS: årsregnskap 2023 vs 2022
Shrank 66% on revenue, weaker earnings, cash halved-plus
approved 2024-06-30; registry 2024-09-07; journal 2024 744363
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADLOCK NORGE AS. Revenue 4.66m NOK → 1.58m NOK (-66.2%). Net result -186.3k NOK → -726.6k NOK. Equity 944.5k NOK → 217.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADLOCK NORGE AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 3.02m NOK → 1.10m NOK (65% → 70% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.66m NOK to 1.58m NOK (-66.2% YoY). Calculated
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↓
Operating result weakened
Operating result -462.4k NOK → -520.4k NOK (op. margin -9.9% → -33.0%). Calculated
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↓
Net result weakened
Net result -186.3k NOK → -726.6k NOK (net margin -4.0% → -46.1%). Calculated
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↓
Equity eroded
Book equity 944.5k NOK → 217.9k NOK (equity ratio 31.2% → 14.7%). Calculated
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↓
Cash fell
Bank deposits 687.5k NOK → 208.4k NOK (-69.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 877.1k NOK → 290.7k NOK (-66.9% YoY). Calculated