FirmaIQ
Org.nr 923 565 574 2022 → 2023 Year-over-year analysis

ADMIRAL HOTEL AS: årsregnskap 2023 vs 2022

Grew 231% on revenue, stronger earnings

approved 2024-05-16; registry 2024-08-02; journal 2024 697905

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADMIRAL HOTEL AS. Revenue 25.88m NOK → 85.53m NOK (+230.5%). Net result +9.17m NOK → +61.73m NOK. Equity 416.44m NOK → 7.15m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADMIRAL HOTEL AS.

At a glance

Scorecard

Revenue
25.88m NOK 85.53m NOK
+230.5%
Operating result
+11.55m NOK +78.16m NOK
+576.9%
Net result
+9.17m NOK +61.73m NOK
+573.3%
Equity
416.44m NOK 7.15m NOK
-98.3%
Total assets
440.27m NOK 30.11m NOK
-93.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 25.88m NOK to 85.53m NOK (+230.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +11.55m NOK → +78.16m NOK (op. margin 44.6% → 91.4%). Calculated

  • ↑

    Net result improved

    Net result +9.17m NOK → +61.73m NOK (net margin 35.4% → 72.2%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 416.44m NOK → 7.15m NOK (equity ratio 94.6% → 23.7%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 416.44m NOK → 150.00m NOK — check capital reduction, conversion, or reclassification. Interpretation