ADMIR BETONG MUR OG FLIS AS: årsregnskap 2023 vs 2022
Grew 14% on revenue, stronger earnings
approved 2024-07-05; registry 2024-07-11; journal 2024 617549
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADMIR BETONG MUR OG FLIS AS. Revenue 9.90m NOK → 11.33m NOK (+14.4%). Net result +309.3k NOK → +865.6k NOK. Equity 459.4k NOK → 74.9k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADMIR BETONG MUR OG FLIS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 9.90m NOK to 11.33m NOK (+14.4% YoY). Calculated
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Net result improved
Net result +309.3k NOK → +865.6k NOK (net margin 3.1% → 7.6%). Calculated
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Cash rose
Bank deposits 101.7k NOK → 1.73m NOK (+1598.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +438.9k NOK → +152.1k NOK (op. margin 4.4% → 1.3%). Calculated
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↓
Equity eroded
Book equity 459.4k NOK → 74.9k NOK (equity ratio 23.3% → 2.3%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 5.22m NOK → 4.32m NOK (-17.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 1 667 NOK → 302.6k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 4 → 5. Reported fact