ADR SIKKERHET AS: årsregnskap 2023 vs 2022
Grew 179% on revenue, cash halved-plus
approved 2024-06-05; registry 2024-07-11; journal 2024 631892
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADR SIKKERHET AS. Revenue 13.9k NOK → 38.7k NOK (+179.0%). Net result -9 380 NOK → -12.6k NOK. Equity 15.1k NOK → 2 457 NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADR SIKKERHET AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 13.9k NOK to 38.7k NOK (+179.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio -2.09× → 15.92×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -9 380 NOK → -12.6k NOK (op. margin -67.6% → -32.5%). Calculated
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↓
Net result weakened
Net result -9 380 NOK → -12.6k NOK (net margin -67.6% → -32.5%). Calculated
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↓
Equity eroded
Book equity 15.1k NOK → 2 457 NOK (equity ratio 175.8% → 67.7%). Calculated
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↓
Cash fell
Bank deposits 10.9k NOK → 4 596 NOK (-57.7% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 23.3k NOK → 41.1k NOK (+76.8% YoY). Calculated