Org.nr 992 664 568 2022 → 2023 Year-over-year analysis

ADRESSEAVISEN AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, weaker earnings, fresh owner capital

approved 2024-06-25; registry 2024-07-10; journal 2024 611103

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADRESSEAVISEN AS. Revenue 497.18m NOK → 499.5k NOK (-99.9%). Net result -56.59m NOK → -351.76m NOK. Equity 3.52bn NOK → 3.05bn NOK.

On the constructive side: operating result improved; owners injected capital. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADRESSEAVISEN AS.

Scorecard

Revenue
497.18m NOK 499.5k NOK
-99.9%
Operating result
-14.83m NOK +18.13m NOK
+222.2%
Net result
-56.59m NOK -351.76m NOK
-521.6%
Equity
3.52bn NOK 3.05bn NOK
-13.5%
Total assets
3.88bn NOK 3.45bn NOK
-11.1%

What improved

  • ↑

    Operating result improved

    Operating result -14.83m NOK → +18.13m NOK (op. margin -3.0% → 3628.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 140.3k NOK → 140.31m NOK (+140.17m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 497.18m NOK to 499.5k NOK (-99.9% YoY). Calculated

  • ↓

    Net result weakened

    Net result -56.59m NOK → -351.76m NOK (net margin -11.4% → -70419.4%). Calculated

  • ↓

    Equity eroded

    Book equity 3.52bn NOK → 3.05bn NOK (equity ratio 90.9% → 88.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4.25m NOK → 4.26m NOK (1% → 853% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 63.29m NOK → 61.22m NOK (-3.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3.05bn NOK → 2.55bn NOK. Reported fact