Org.nr 987 486 910 2022 → 2023 Year-over-year analysis

ADRASTEIA HOLDING AS: årsregnskap 2023 vs 2022

Grew 12% on revenue, weaker earnings, cash halved-plus

approved 2024-07-02; registry 2024-07-04; journal 2024 602158

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADRASTEIA HOLDING AS. Revenue 467.3k NOK → 525.4k NOK (+12.4%). Net result -126.2k NOK → -1.10m NOK. Equity 4.45m NOK → 3.35m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
467.3k NOK 525.4k NOK
+12.4%
Operating result
+124.9k NOK +161.9k NOK
+29.7%
Net result
-126.2k NOK -1.10m NOK
-772.5%
Equity
4.45m NOK 3.35m NOK
-24.7%
Cash
214.9k NOK 17.5k NOK
-91.9%
Total assets
16.23m NOK 16.00m NOK
-1.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 467.3k NOK to 525.4k NOK (+12.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +124.9k NOK → +161.9k NOK (op. margin 26.7% → 30.8%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -126.2k NOK → -1.10m NOK (net margin -27.0% → -209.6%). Calculated

  • ↓

    Equity eroded

    Book equity 4.45m NOK → 3.35m NOK (equity ratio 27.4% → 20.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 214.9k NOK → 17.5k NOK (-91.9% YoY). Calculated