ADMA AS: årsregnskap 2023 vs 2022
Grew 16% on revenue, stronger earnings
approved 2024-06-19; registry 2024-07-01; journal 2024 553065
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADMA AS. Revenue 7.44m NOK → 8.64m NOK (+16.2%). Net result +416.9k NOK → +594.7k NOK. Equity 591.0k NOK → 185.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADMA AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7.44m NOK to 8.64m NOK (+16.2% YoY). Calculated
-
↑
Operating result improved
Operating result +538.1k NOK → +754.9k NOK (op. margin 7.2% → 8.7%). Calculated
-
↑
Net result improved
Net result +416.9k NOK → +594.7k NOK (net margin 5.6% → 6.9%). Calculated
-
↑
Cash rose
Bank deposits 1.56m NOK → 2.07m NOK (+32.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 591.0k NOK → 185.7k NOK (equity ratio 23.3% → 5.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 5.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 5.33m NOK → 6.45m NOK (72% → 75% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 292.6k NOK → -14.4k NOK (-104.9% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 6.5 → 7. Reported fact