Org.nr 912 808 165 2022 → 2023 Year-over-year analysis

ADRUIKA AS: årsregnskap 2023 vs 2022

Returned to profit, cash halved-plus

approved 2024-05-07; registry 2024-06-03; journal 2024 412615

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADRUIKA AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -10.8k NOK → +488.1k NOK. Equity 633.5k NOK → 1 588 NOK.

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

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

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-16.3k NOK -14.4k NOK
+11.9%
Net result
-10.8k NOK +488.1k NOK
+4626.4%
Equity
633.5k NOK 1 588 NOK
-99.7%
Cash
145.6k NOK 27.1k NOK
-81.4%
Total assets
645.6k NOK 27.1k NOK
-95.8%

What improved

  • ↑

    Operating result improved

    Operating result -16.3k NOK → -14.4k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 10.8k NOK to a profit of 488.1k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 633.5k NOK → 1 588 NOK (equity ratio 98.1% → 5.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 145.6k NOK → 27.1k NOK (-81.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation