Org.nr 922 112 401 2022 → 2023 Year-over-year analysis

ADMIRAL HOFF AS: årsregnskap 2023 vs 2022

Shrank 28% on revenue, stronger earnings

approved 2024-06-10; registry 2024-07-06; journal 2024 609314

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADMIRAL HOFF AS. Revenue 440.0k NOK → 316.7k NOK (-28.0%). Net result +329.8k NOK → +1.41m NOK. Equity 813.9k NOK → 2.22m NOK.

On the constructive side: net result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
440.0k NOK 316.7k NOK
-28.0%
Operating result
+427.0k NOK +256.7k NOK
-39.9%
Net result
+329.8k NOK +1.41m NOK
+327.1%
Equity
813.9k NOK 2.22m NOK
+173.1%
Cash
527.3k NOK 266.1k NOK
-49.5%
Total assets
237.3k NOK 2.40m NOK
+913.1%

What improved

  • ↑

    Net result improved

    Net result +329.8k NOK → +1.41m NOK (net margin 75.0% → 444.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 813.9k NOK → 2.22m NOK (equity ratio 343.0% → 92.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 10.30×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 440.0k NOK to 316.7k NOK (-28.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +427.0k NOK → +256.7k NOK (op. margin 97.1% → 81.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 527.3k NOK → 266.1k NOK (-49.5% YoY). Calculated