ADTECH SOLUTIONS AS: årsregnskap 2023 vs 2022
Stronger earnings
approved 2024-06-28; registry 2024-07-10; journal 2024 628077
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADTECH SOLUTIONS AS. Revenue 773.0k NOK → 771.8k NOK (-0.2%). Net result +376.5k NOK → +791.0k NOK. Equity 962.7k NOK → 121.0k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADTECH SOLUTIONS AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -624.4k NOK → -295.7k NOK (op. margin -80.8% → -38.3%). Calculated
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Net result improved
Net result +376.5k NOK → +791.0k NOK (net margin 48.7% → 102.5%). Calculated
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Cash rose
Bank deposits 1 245 NOK → 3.07m NOK (+246317.8% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 773.0k NOK to 771.8k NOK (-0.2% YoY). Calculated
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Equity eroded
Book equity 962.7k NOK → 121.0k NOK (equity ratio 68.4% → 2.9%). Calculated
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Payroll up without matching revenue
Salary cost 2 NOK → 3784.20bn NOK (0% → 490290431% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 2.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 50.0k NOK → 35.0k NOK. Reported fact