FirmaIQ
Org.nr 999 614 884 2022 → 2023 Year-over-year analysis

ADO EIENDOM AS: årsregnskap 2023 vs 2022

Grew 23% on revenue, returned to profit, cash halved-plus

approved 2024-07-04; registry 2024-07-17; journal 2024 640767

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADO EIENDOM AS. Revenue 1.17m NOK → 1.44m NOK (+23.0%). Net result -2 211 NOK → +357.0k NOK. Equity 2.21m NOK → 2.57m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.17m NOK 1.44m NOK
+23.0%
Operating result
+307.9k NOK +909.4k NOK
+195.4%
Net result
-2 211 NOK +357.0k NOK
+16246.9%
Equity
2.21m NOK 2.57m NOK
+16.2%
Cash
844.1k NOK 78.8k NOK
-90.7%
Total assets
9.24m NOK 22.23m NOK
+140.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.17m NOK to 1.44m NOK (+23.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +307.9k NOK → +909.4k NOK (op. margin 26.3% → 63.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2 211 NOK to a profit of 357.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.21m NOK → 2.57m NOK (equity ratio 23.9% → 11.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.14× → 1.05×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 844.1k NOK → 78.8k NOK (-90.7% YoY). Calculated