FirmaIQ
Org.nr 986 276 475 2022 → 2023 Year-over-year analysis

ADREGA AS: årsregnskap 2023 vs 2022

Shrank 19% on revenue

approved 2024-04-24; registry 2024-05-27; journal 2024 383264

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADREGA AS. Revenue 1.25m NOK → 1.02m NOK (-19.1%). Net result -3.47m NOK → -3.63m NOK. Equity -58.02m NOK → -61.66m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADREGA AS.

At a glance

Scorecard

Revenue
1.25m NOK 1.02m NOK
-19.1%
Operating result
-3.43m NOK -3.60m NOK
-4.9%
Net result
-3.47m NOK -3.63m NOK
-4.8%
Equity
-58.02m NOK -61.66m NOK
-6.3%
Cash
264.6k NOK 136.2k NOK
-48.5%
Total assets
548.0k NOK 417.5k NOK
-23.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.25m NOK to 1.02m NOK (-19.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -3.43m NOK → -3.60m NOK (op. margin -273.4% → -354.4%). Calculated

  • ↓

    Equity eroded

    Book equity -58.02m NOK → -61.66m NOK (equity ratio -10587.6% → -14770.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 264.6k NOK → 136.2k NOK (-48.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.18m NOK → 2.31m NOK (174% → 227% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -14770.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation