Org.nr 989 431 447 2022 → 2023 Year-over-year analysis

ADROMEDA AS: årsregnskap 2023 vs 2022

Grew 86% on revenue, returned to profit

approved 2024-06-18; registry 2024-06-20; journal 2024 525452

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADROMEDA AS. Revenue 2 703 NOK → 5 015 NOK (+85.5%). Net result -702.5k NOK → +918.0k NOK. Equity -7.81m NOK → -6.90m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

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

Scorecard

Revenue
2 703 NOK 5 015 NOK
+85.5%
Operating result
-22.6k NOK -21.2k NOK
+6.1%
Net result
-702.5k NOK +918.0k NOK
+230.7%
Equity
-7.81m NOK -6.90m NOK
+11.7%
Cash
290.5k NOK 213.5k NOK
-26.5%
Total assets
472.2k NOK 395.2k NOK
-16.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 703 NOK to 5 015 NOK (+85.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -22.6k NOK → -21.2k NOK (op. margin -834.3% → -422.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 702.5k NOK to a profit of 918.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -7.81m NOK → -6.90m NOK (equity ratio -1654.9% → -1744.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 290.5k NOK → 213.5k NOK (-26.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1744.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation