ADP HUSEBY UTVIKLING AS: årsregnskap 2023 vs 2022
Shrank 38% on revenue, weaker earnings, cash halved-plus
approved 2024-05-03; registry 2024-06-03; journal 2024 409455
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADP HUSEBY UTVIKLING AS. Revenue 682.1k NOK → 421.1k NOK (-38.3%). Net result -10.00m NOK → -16.13m NOK. Equity 3.12bn NOK → 108.72m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for ADP HUSEBY UTVIKLING AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 682.1k NOK to 421.1k NOK (-38.3% YoY). Calculated
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Operating result weakened
Operating result -427.6k NOK → -765.1k NOK (op. margin -62.7% → -181.7%). Calculated
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Net result weakened
Net result -10.00m NOK → -16.13m NOK (net margin -1465.7% → -3830.2%). Calculated
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Equity eroded
Book equity 3.12bn NOK → 108.72m NOK (equity ratio 903.3% → 33.0%). Calculated
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Cash fell
Bank deposits 21.49m NOK → 959.1k NOK (-95.5% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (21.49m NOK → 959.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Paid-in equity reduced
Paid-in equity fell 124.85m NOK → 108.72m NOK — check capital reduction, conversion, or reclassification. Interpretation