FirmaIQ
Org.nr 913 850 513 2022 → 2023 Year-over-year analysis

ADORE AS: årsregnskap 2023 vs 2022

Grew 11% on revenue, stronger earnings

approved 2024-04-22; registry 2024-04-29; journal 2024 380764

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADORE AS. Revenue 1.44m NOK → 1.60m NOK (+10.7%). Net result +16.4k NOK → +57.8k NOK. Equity 162.5k NOK → 220.4k NOK.

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

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

At a glance

Scorecard

Revenue
1.44m NOK 1.60m NOK
+10.7%
Operating result
-8 350 NOK +93.0k NOK
+1213.8%
Net result
+16.4k NOK +57.8k NOK
+253.0%
Equity
162.5k NOK 220.4k NOK
+35.6%
Cash
77.8k NOK 196.1k NOK
+152.2%
Total assets
598.0k NOK 918.2k NOK
+53.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.44m NOK to 1.60m NOK (+10.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -8 350 NOK → +93.0k NOK (op. margin -0.6% → 5.8%). Calculated

  • ↑

    Net result improved

    Net result +16.4k NOK → +57.8k NOK (net margin 1.1% → 3.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 162.5k NOK → 220.4k NOK (equity ratio 27.2% → 24.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 77.8k NOK → 196.1k NOK (+152.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 704.7k NOK → 690.5k NOK (-2.0% YoY). Calculated