ADSO AS: årsregnskap 2023 vs 2022
Slipped into loss
approved 2024-06-04; registry 2024-06-15; journal 2024 509411
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADSO AS. Revenue 626.4k NOK → 635.1k NOK (+1.4%). Net result +34.4k NOK → -9 267 NOK. Equity 245.2k NOK → 236.0k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADSO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 626.4k NOK to 635.1k NOK (+1.4% YoY). Calculated
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↑
Operating result improved
Operating result +316.4k NOK → +364.5k NOK (op. margin 50.5% → 57.4%). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 34.4k NOK profit to a loss of 9 267 NOK. Calculated
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↓
Equity eroded
Book equity 245.2k NOK → 236.0k NOK (equity ratio 4.3% → 4.2%). Calculated
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↓
Cash fell
Bank deposits 293.7k NOK → 291.0k NOK (-0.9% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 4.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation