ADOLFSEN EIENDOM AS: årsregnskap 2023 vs 2022
Stronger earnings, cash halved-plus
approved 2024-06-11; registry 2024-06-19; journal 2024 518603
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADOLFSEN EIENDOM AS. Revenue 119.0k NOK → 119.0k NOK (0.0%). Net result -151.6k NOK → -38.9k NOK. Equity -456.9k NOK → -495.8k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADOLFSEN EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -55.5k NOK → -38.9k NOK (op. margin -46.6% → -32.7%). Calculated
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↑
Net result improved
Net result -151.6k NOK → -38.9k NOK (net margin -127.4% → -32.7%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -456.9k NOK → -495.8k NOK (equity ratio -34.1% → -41.5%). Calculated
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↓
Cash fell
Bank deposits 158.9k NOK → 74.3k NOK (-53.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -41.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation