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Org.nr 997 489 101 2022 → 2023 Year-over-year analysis

ADORACION AS: årsregnskap 2023 vs 2022

Grew 207% on revenue, returned to profit

approved 2024-05-16; registry 2024-06-01; journal 2024 466788

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADORACION AS. Revenue 17.3k NOK → 53.1k NOK (+207.4%). Net result -6 777 NOK → +3 365 NOK. Equity 38.8k NOK → 39.2k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADORACION AS.

At a glance

Scorecard

Revenue
17.3k NOK 53.1k NOK
+207.4%
Operating result
-6 777 NOK +315 NOK
+104.6%
Net result
-6 777 NOK +3 365 NOK
+149.7%
Equity
38.8k NOK 39.2k NOK
+0.9%
Cash
53.6k NOK 51.0k NOK
-4.8%
Total assets
56.4k NOK 58.0k NOK
+2.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.3k NOK to 53.1k NOK (+207.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -6 777 NOK → +315 NOK (op. margin -39.2% → 0.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 6 777 NOK to a profit of 3 365 NOK. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 53.6k NOK → 51.0k NOK (-4.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 81.3k NOK → 28.8k NOK (-64.6% YoY). Calculated