FirmaIQ
Org.nr 825 347 712 2022 → 2023 Year-over-year analysis

ADSERVE AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-06-18; registry 2024-06-20; journal 2024 528974

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADSERVE AS. Revenue 1.71m NOK → 1.66m NOK (-2.8%). Net result +821.0k NOK → +80.2k NOK. Equity 658.3k NOK → 738.5k NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADSERVE AS.

At a glance

Scorecard

Revenue
1.71m NOK 1.66m NOK
-2.8%
Operating result
+52.3k NOK +102.6k NOK
+96.2%
Net result
+821.0k NOK +80.2k NOK
-90.2%
Equity
658.3k NOK 738.5k NOK
+12.2%
Cash
301.1k NOK 1.03m NOK
+240.7%
Total assets
1.51m NOK 2.71m NOK
+79.3%

What improved

  • ↑

    Operating result improved

    Operating result +52.3k NOK → +102.6k NOK (op. margin 3.1% → 6.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 658.3k NOK → 738.5k NOK (equity ratio 43.6% → 27.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 301.1k NOK → 1.03m NOK (+240.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.71m NOK to 1.66m NOK (-2.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +821.0k NOK → +80.2k NOK (net margin 47.9% → 4.8%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 620.0k NOK → 94.0k NOK (-84.8% YoY). Calculated