FirmaIQ
Org.nr 995 981 661 2022 → 2023 Year-over-year analysis

ADR ELEKTRO AS: årsregnskap 2023 vs 2022

Grew 9% on revenue, stronger earnings

approved 2024-06-06; registry 2024-07-10; journal 2024 609045

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADR ELEKTRO AS. Revenue 21.78m NOK → 23.79m NOK (+9.2%). Net result +99.5k NOK → +1.05m NOK. Equity 418.1k NOK → 465.0k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADR ELEKTRO AS.

At a glance

Scorecard

Revenue
21.78m NOK 23.79m NOK
+9.2%
Operating result
+423.8k NOK +1.35m NOK
+219.4%
Net result
+99.5k NOK +1.05m NOK
+952.5%
Equity
418.1k NOK 465.0k NOK
+11.2%
Cash
954.5k NOK 1.13m NOK
+18.5%
Total assets
8.60m NOK 5.36m NOK
-37.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 21.78m NOK to 23.79m NOK (+9.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +423.8k NOK → +1.35m NOK (op. margin 1.9% → 5.7%). Calculated

  • ↑

    Net result improved

    Net result +99.5k NOK → +1.05m NOK (net margin 0.5% → 4.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 418.1k NOK → 465.0k NOK (equity ratio 4.9% → 8.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 954.5k NOK → 1.13m NOK (+18.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 8.63m NOK → 10.10m NOK (40% → 42% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 8.50m NOK → 9.31m NOK (+9.5% YoY). Calculated