ADUNDAS DESIGN AS: årsregnskap 2023 vs 2022
Slipped into loss, cash halved-plus
approved 2024-06-19; registry 2024-07-15; journal 2024 638180
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADUNDAS DESIGN AS. Revenue 1.83m NOK → 1.75m NOK (-4.0%). Net result +18.7k NOK → -486.2k NOK. Equity 305.5k NOK → -180.7k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADUNDAS DESIGN AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.27× → 1.03×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.83m NOK to 1.75m NOK (-4.0% YoY). Calculated
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↓
Operating result weakened
Operating result +61.5k NOK → -443.2k NOK (op. margin 3.4% → -25.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 18.7k NOK profit to a loss of 486.2k NOK. Calculated
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↓
Equity eroded
Book equity 305.5k NOK → -180.7k NOK (equity ratio 179.5% → -31.5%). Calculated
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↓
Cash fell
Bank deposits 7 214 NOK → -17 NOK (-100.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -31.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 36.1k NOK → 15.8k NOK (-56.2% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact