Org.nr 925 033 685 2022 → 2023 Year-over-year analysis

ADSTICA CAPITAL AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-06-24; registry 2024-06-27; journal 2024 551321

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADSTICA CAPITAL AS. Net result -10.0k NOK → -87.8k NOK. Equity 4 346 NOK → -83.4k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADSTICA CAPITAL AS.

Scorecard

Revenue
n/m 0 NOK
—
Operating result
-10.0k NOK -88.0k NOK
-779.5%
Net result
-10.0k NOK -87.8k NOK
-777.0%
Equity
4 346 NOK -83.4k NOK
-2019.8%
Cash
546 NOK 19.3k NOK
+3431.7%
Total assets
0 NOK 2.34m NOK
—

What improved

  • ↑

    Cash rose

    Bank deposits 546 NOK → 19.3k NOK (+3431.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -10.0k NOK → -88.0k NOK. Calculated

  • ↓

    Net result weakened

    Net result -10.0k NOK → -87.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4 346 NOK → -83.4k NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation