Org.nr 968 326 414 2022 → 2023 Year-over-year analysis

ADOLPH TIDEMANDSGT 20/22 AS: årsregnskap 2023 vs 2022

Grew 14% on revenue, stronger earnings

approved 2024-04-25; registry 2024-06-06; journal 2024 426899

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADOLPH TIDEMANDSGT 20/22 AS. Revenue 4.58m NOK → 5.22m NOK (+13.9%). Net result +2.49m NOK → +3.43m NOK. Equity 5.16m NOK → 8.59m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADOLPH TIDEMANDSGT 20/22 AS.

Scorecard

Revenue
4.58m NOK 5.22m NOK
+13.9%
Operating result
+3.47m NOK +4.40m NOK
+27.0%
Net result
+2.49m NOK +3.43m NOK
+37.5%
Equity
5.16m NOK 8.59m NOK
+66.5%
Cash
1.33m NOK 1.33m NOK
+0.5%
Total assets
13.41m NOK 15.04m NOK
+12.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.58m NOK to 5.22m NOK (+13.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.47m NOK → +4.40m NOK (op. margin 75.6% → 84.3%). Calculated

  • ↑

    Net result improved

    Net result +2.49m NOK → +3.43m NOK (net margin 54.4% → 65.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.16m NOK → 8.59m NOK (equity ratio 38.5% → 57.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.33m NOK → 1.33m NOK (+0.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 77.5k NOK → 0 NOK. Reported fact