Org.nr 927 958 465 2022 → 2023 Year-over-year analysis

ADNUNTIUS NORWAY AS: årsregnskap 2023 vs 2022

Grew 5794% on revenue, slipped into loss, cash halved-plus

approved 2024-12-23; registry 2024-12-31; journal 2024 759721

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADNUNTIUS NORWAY AS. Revenue 65.8k NOK → 3.88m NOK (+5793.9%). Net result +47.6k NOK → -71.9k NOK. Equity 4.10m NOK → 29.3k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; sharp cash drawdown. All figures are taken from the published annual accounts for ADNUNTIUS NORWAY AS.

Scorecard

Revenue
65.8k NOK 3.88m NOK
+5793.9%
Operating result
+48.0k NOK -61.2k NOK
-227.5%
Net result
+47.6k NOK -71.9k NOK
-251.1%
Equity
4.10m NOK 29.3k NOK
-99.3%
Cash
1.54m NOK 616.4k NOK
-60.0%
Total assets
3.32m NOK 1.38m NOK
-58.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 65.8k NOK to 3.88m NOK (+5793.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +48.0k NOK → -61.2k NOK (op. margin 72.9% → -1.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 47.6k NOK profit to a loss of 71.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.10m NOK → 29.3k NOK (equity ratio 123.4% → 2.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.54m NOK → 616.4k NOK (-60.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.54m NOK → 616.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation