ADMIN HOLDING AS: årsregnskap 2023 vs 2022
Stronger earnings
approved 2024-03-20; registry 2024-05-08; journal 2024 362822
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADMIN HOLDING AS. Revenue 4.00m NOK → 4.00m NOK (0.0%). Net result +15.8k NOK → +196.5k NOK. Equity 19.77m NOK → 14.63m NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; payroll up without matching revenue; cogs moved.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADMIN HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +406 NOK → +207.1k NOK (op. margin 0.0% → 5.2%). Calculated
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↑
Net result improved
Net result +15.8k NOK → +196.5k NOK (net margin 0.4% → 4.9%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 19.77m NOK → 14.63m NOK (equity ratio 75.9% → 84.5%). Calculated
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↓
Payroll up without matching revenue
Salary cost 3.47m NOK → 3.63m NOK (87% → 91% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 13.43m NOK → 17.06m NOK (+27.0% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 7.95m NOK → 7.94m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 16.0k NOK → 17.16m NOK. Reported fact