ADORA FOOD AS: årsregnskap 2023 vs 2022
Returned to profit
approved 2024-09-10; registry 2024-09-12; journal 2024 745940
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADORA FOOD AS. Revenue 6.52m NOK → 6.63m NOK (+1.8%). Net result -266.4k NOK → +84.5k NOK. Equity -145.3k NOK → -60.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADORA FOOD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.52m NOK to 6.63m NOK (+1.8% YoY). Calculated
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Operating result improved
Operating result -321.1k NOK → +177.8k NOK (op. margin -4.9% → 2.7%). Calculated
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Turned profitable
Net result flipped from a loss of 266.4k NOK to a profit of 84.5k NOK. Calculated
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Equity strengthened
Book equity -145.3k NOK → -60.8k NOK (equity ratio -24.0% → -26.4%). Calculated
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Cash rose
Bank deposits 163.4k NOK → 253.1k NOK (+54.9% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -26.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 2.37m NOK → 2.62m NOK (36% → 39% of revenue). Calculated
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COGS fell
COGS / varekostnad 2.77m NOK → 2.47m NOK (-11.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 19.3k NOK → 10.4k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact