ADM AS: årsregnskap 2023 vs 2022
Weaker earnings
approved 2024-04-11; registry 2024-05-08; journal 2024 363751
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADM AS. Revenue 7.77m NOK → 7.78m NOK (+0.0%). Net result +827.2k NOK → +539.3k NOK. Equity 529.5k NOK → 668.8k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.77m NOK to 7.78m NOK (+0.0% YoY). Calculated
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↑
Operating result improved
Operating result +74.5k NOK → +711.4k NOK (op. margin 1.0% → 9.1%). Calculated
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↑
Equity strengthened
Book equity 529.5k NOK → 668.8k NOK (equity ratio 22.3% → 29.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.92× → 1.14×. Calculated
What deteriorated
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↓
Net result weakened
Net result +827.2k NOK → +539.3k NOK (net margin 10.6% → 6.9%). Calculated
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↓
Cash fell
Bank deposits 704.0k NOK → 439.1k NOK (-37.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 4.60m NOK → 4.64m NOK (59% → 60% of revenue). Calculated