FirmaIQ
Org.nr 913 155 572 2022 → 2023 Year-over-year analysis

ADO ARENA DRIFT AS: årsregnskap 2023 vs 2022

Grew 17% on revenue, stronger earnings

registry 2024-07-16; journal 2024 632667

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADO ARENA DRIFT AS. Revenue 31.35m NOK → 36.57m NOK (+16.6%). Net result -1.87m NOK → -32.8k NOK. Equity 3.37m NOK → 3.33m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADO ARENA DRIFT AS.

At a glance

Scorecard

Revenue
31.35m NOK 36.57m NOK
+16.6%
Operating result
-1.88m NOK -28.3k NOK
+98.5%
Net result
-1.87m NOK -32.8k NOK
+98.2%
Equity
3.37m NOK 3.33m NOK
-1.0%
Cash
11.20m NOK 13.41m NOK
+19.7%
Total assets
13.68m NOK 15.93m NOK
+16.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 31.35m NOK to 36.57m NOK (+16.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.88m NOK → -28.3k NOK (op. margin -6.0% → -0.1%). Calculated

  • ↑

    Net result improved

    Net result -1.87m NOK → -32.8k NOK (net margin -6.0% → -0.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 11.20m NOK → 13.41m NOK (+19.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 3.37m NOK → 3.33m NOK (equity ratio 24.6% → 20.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 21.85m NOK → 24.71m NOK (70% → 68% of revenue). Calculated