ADN HOLDING AS: årsregnskap 2023 vs 2022
Grew 12% on revenue, slipped into loss, cash halved-plus
registry 2024-06-11; journal 2024 448719
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADN HOLDING AS. Revenue 251.4k NOK → 282.5k NOK (+12.4%). Net result +572.6k NOK → -109.3k NOK. Equity 2.64m NOK → 2.53m NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADN HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 251.4k NOK to 282.5k NOK (+12.4% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.05× → 1.04×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -150.6k NOK → -292.2k NOK (op. margin -59.9% → -103.5%). Calculated
-
↓
Fell into a net loss
Net result flipped from 572.6k NOK profit to a loss of 109.3k NOK. Calculated
-
↓
Equity eroded
Book equity 2.64m NOK → 2.53m NOK (equity ratio 39.7% → 41.7%). Calculated
-
↓
Cash fell
Bank deposits 94.5k NOK → 13.1k NOK (-86.1% YoY). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 0 NOK → 9 064 NOK (None YoY). Calculated