ADMIRUM AS: årsregnskap 2023 vs 2022
Grew 8% on revenue, returned to profit, cash halved-plus
approved 2024-04-30; registry 2024-05-27; journal 2024 438495
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADMIRUM AS. Revenue 2.23m NOK → 2.42m NOK (+8.3%). Net result -199.5k NOK → +42.1k NOK. Equity 5.86m NOK → 1.90m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADMIRUM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.23m NOK to 2.42m NOK (+8.3% YoY). Calculated
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↑
Operating result improved
Operating result +1.14m NOK → +1.28m NOK (op. margin 51.2% → 53.1%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 199.5k NOK to a profit of 42.1k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 5.86m NOK → 1.90m NOK (equity ratio 80.5% → 70.0%). Calculated
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↓
Cash fell
Bank deposits 2.92m NOK → 1.39m NOK (-52.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 952.5k NOK → 969.1k NOK (43% → 40% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 3.31m NOK → 3.27m NOK. Reported fact