Org.nr 998 779 561 2022 → 2023 Year-over-year analysis

ADRIAN MEDICAL AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, slipped into loss, cash halved-plus

approved 2024-05-06; registry 2024-05-28; journal 2024 449837

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADRIAN MEDICAL AS. Revenue 3.00m NOK → 1 315 NOK (-100.0%). Net result +707.1k NOK → -465.2k NOK. Equity 3.28m NOK → 2.81m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADRIAN MEDICAL AS.

Scorecard

Revenue
3.00m NOK 1 315 NOK
-100.0%
Operating result
+906.5k NOK -595.6k NOK
-165.7%
Net result
+707.1k NOK -465.2k NOK
-165.8%
Equity
3.28m NOK 2.81m NOK
-14.2%
Cash
250.7k NOK 42.6k NOK
-83.0%
Total assets
3.77m NOK 3.18m NOK
-15.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.00m NOK to 1 315 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +906.5k NOK → -595.6k NOK (op. margin 30.2% → -45295.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 707.1k NOK profit to a loss of 465.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.28m NOK → 2.81m NOK (equity ratio 87.1% → 88.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 250.7k NOK → 42.6k NOK (-83.0% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact