ADSEO AS: årsregnskap 2023 vs 2022
Grew 17% on revenue, returned to profit, fresh owner capital
approved 2024-08-20; registry 2024-08-28; journal 2024 735413
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADSEO AS. Revenue 25.18m NOK → 29.51m NOK (+17.2%). Net result -282.1k NOK → +125.2k NOK. Equity 165.1k NOK → 440.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADSEO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 25.18m NOK to 29.51m NOK (+17.2% YoY). Calculated
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Operating result improved
Operating result -262.7k NOK → +566.9k NOK (op. margin -1.0% → 1.9%). Calculated
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Turned profitable
Net result flipped from a loss of 282.1k NOK to a profit of 125.2k NOK. Calculated
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Equity strengthened
Book equity 165.1k NOK → 440.3k NOK (equity ratio 2.7% → 6.6%). Calculated
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Cash rose
Bank deposits 49.1k NOK → 903.6k NOK (+1741.8% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 9.68m NOK → 10.98m NOK (38% → 37% of revenue). Calculated
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COGS fell
COGS / varekostnad 13.34m NOK → 12.32m NOK (-7.6% YoY). Calculated
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Book investments changed
Investment / intangible book value 230.3k NOK → 232.8k NOK. Reported fact