Org.nr 987 992 883 2022 → 2023 Year-over-year analysis

ADMINCONTROL AS: årsregnskap 2023 vs 2022

Grew 17% on revenue, stronger earnings

approved 2024-06-19; registry 2024-08-01; journal 2024 691920

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADMINCONTROL AS. Revenue 346.38m NOK → 406.56m NOK (+17.4%). Net result +96.51m NOK → +136.60m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADMINCONTROL AS.

Scorecard

Revenue
346.38m NOK 406.56m NOK
+17.4%
Operating result
+127.27m NOK +160.61m NOK
+26.2%
Net result
+96.51m NOK +136.60m NOK
+41.5%
Cash
266.32m NOK 340.95m NOK
+28.0%
Total assets
311.03m NOK 403.49m NOK
+29.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 346.38m NOK to 406.56m NOK (+17.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +127.27m NOK → +160.61m NOK (op. margin 36.7% → 39.5%). Calculated

  • ↑

    Net result improved

    Net result +96.51m NOK → +136.60m NOK (net margin 27.9% → 33.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 266.32m NOK → 340.95m NOK (+28.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 61.07m NOK → 70.91m NOK (+16.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.33m NOK → 1.34m NOK. Reported fact