Org.nr 919 999 853 2022 → 2023 Year-over-year analysis

ADSMH MANAGEMENT AS: årsregnskap 2023 vs 2022

Grew 188018% on revenue, weaker earnings

approved 2024-06-30; registry 2024-08-26; journal 2024 731224

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADSMH MANAGEMENT AS. Revenue 4 824 NOK → 9.07m NOK (+188018.4%). Net result +3.78m NOK → +1.61m NOK. Equity 34.20m NOK → 35.32m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADSMH MANAGEMENT AS.

Scorecard

Revenue
4 824 NOK 9.07m NOK
+188018.4%
Operating result
-141.2k NOK -172.5k NOK
-22.2%
Net result
+3.78m NOK +1.61m NOK
-57.3%
Equity
34.20m NOK 35.32m NOK
+3.3%
Cash
30.89m NOK 25.63m NOK
-17.0%
Total assets
41.55m NOK 43.06m NOK
+3.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4 824 NOK to 9.07m NOK (+188018.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 34.20m NOK → 35.32m NOK (equity ratio 82.3% → 82.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -141.2k NOK → -172.5k NOK (op. margin -2926.9% → -1.9%). Calculated

  • ↓

    Net result weakened

    Net result +3.78m NOK → +1.61m NOK (net margin 78322.9% → 17.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 30.89m NOK → 25.63m NOK (-17.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3 244 NOK → 6.92m NOK (67% → 76% of revenue). Calculated