FirmaIQ
Org.nr 915 523 374 2022 → 2023 Year-over-year analysis

ADRIAN HALLAND AS: årsregnskap 2023 vs 2022

Grew 15% on revenue, stronger earnings

approved 2024-03-08; registry 2024-03-18; journal 2024 328556

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADRIAN HALLAND AS. Revenue 8.82m NOK → 10.18m NOK (+15.4%). Net result +3.41m NOK → +6.97m NOK. Equity 8.70m NOK → 15.67m 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 ADRIAN HALLAND AS.

At a glance

Scorecard

Revenue
8.82m NOK 10.18m NOK
+15.4%
Operating result
+5.12m NOK +5.90m NOK
+15.3%
Net result
+3.41m NOK +6.97m NOK
+104.3%
Equity
8.70m NOK 15.67m NOK
+80.1%
Cash
240.7k NOK 834.7k NOK
+246.8%
Total assets
10.43m NOK 17.38m NOK
+66.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.82m NOK to 10.18m NOK (+15.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5.12m NOK → +5.90m NOK (op. margin 58.0% → 57.9%). Calculated

  • ↑

    Net result improved

    Net result +3.41m NOK → +6.97m NOK (net margin 38.6% → 68.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 8.70m NOK → 15.67m NOK (equity ratio 83.4% → 90.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 240.7k NOK → 834.7k NOK (+246.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.91m NOK → 2.02m NOK (22% → 20% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 740.6k NOK → 885.3k NOK (+19.5% YoY). Calculated