Org.nr 921 352 441 2022 → 2023 Year-over-year analysis

ADSOME AS: årsregnskap 2023 vs 2022

Shrank 21% on revenue, slipped into loss, cash halved-plus

approved 2024-06-21; registry 2024-06-26; journal 2024 545920

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADSOME AS. Revenue 1.11m NOK → 873.1k NOK (-21.3%). Net result +39.7k NOK → -306.1k NOK. Equity 559.1k NOK → 253.0k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

Scorecard

Revenue
1.11m NOK 873.1k NOK
-21.3%
Operating result
+52.5k NOK -305.7k NOK
-682.7%
Net result
+39.7k NOK -306.1k NOK
-870.8%
Equity
559.1k NOK 253.0k NOK
-54.8%
Cash
411.9k NOK 23.7k NOK
-94.2%
Total assets
618.2k NOK 549.3k NOK
-11.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.11m NOK to 873.1k NOK (-21.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +52.5k NOK → -305.7k NOK (op. margin 4.7% → -35.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 39.7k NOK profit to a loss of 306.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 559.1k NOK → 253.0k NOK (equity ratio 90.4% → 46.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 411.9k NOK → 23.7k NOK (-94.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 893.4k NOK → 488.4k NOK (-45.3% YoY). Calculated