ADRIATIC + AS: årsregnskap 2023 vs 2022
Grew 6% on revenue, slipped into loss
approved 2024-09-15; registry 2024-09-24; journal 2024 749419
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADRIATIC + AS. Revenue 7.78m NOK → 8.24m NOK (+5.9%). Net result +92.5k NOK → -343.5k NOK. Equity -1.13m NOK → -1.47m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADRIATIC + AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.78m NOK to 8.24m NOK (+5.9% YoY). Calculated
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↑
Cash rose
Bank deposits 65.0k NOK → 145.5k NOK (+124.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +93.8k NOK → -326.7k NOK (op. margin 1.2% → -4.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 92.5k NOK profit to a loss of 343.5k NOK. Calculated
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↓
Equity eroded
Book equity -1.13m NOK → -1.47m NOK (equity ratio -1142.8% → -378.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.17m NOK → 3.80m NOK (41% → 46% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.84m NOK → 3.21m NOK (+13.1% YoY). Calculated