ADOLF AA HOLDING AS: årsregnskap 2023 vs 2022
Grew 56% on revenue, slipped into loss
approved 2024-07-23; registry 2024-07-24; journal 2024 670587
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADOLF AA HOLDING AS. Revenue 48.0k NOK → 74.8k NOK (+55.8%). Net result +3.13m NOK → -338.3k NOK. Equity 18.70m NOK → 17.08m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADOLF AA HOLDING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 48.0k NOK to 74.8k NOK (+55.8% YoY). Calculated
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Operating result improved
Operating result -84.9k NOK → -69.7k NOK (op. margin -176.9% → -93.2%). Calculated
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Cash rose
Bank deposits 13.4k NOK → 68.9k NOK (+413.2% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 3.13m NOK profit to a loss of 338.3k NOK. Calculated
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Equity eroded
Book equity 18.70m NOK → 17.08m NOK (equity ratio 64.8% → 55.0%). Calculated
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Current ratio dropped below 1×
Current ratio 1.61× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 22.98m NOK → 26.88m NOK. Reported fact