FirmaIQ
Org.nr 939 000 313 2022 → 2023 Year-over-year analysis

ADWANS AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-06-25; registry 2024-06-27; journal 2024 557094

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADWANS AS. Revenue 512.8k NOK → 531.6k NOK (+3.7%). Net result +262.4k NOK → +184.5k NOK. Equity 15.2k NOK → 199.7k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADWANS AS.

At a glance

Scorecard

Revenue
512.8k NOK 531.6k NOK
+3.7%
Operating result
+262.4k NOK +209.6k NOK
-20.1%
Net result
+262.4k NOK +184.5k NOK
-29.7%
Equity
15.2k NOK 199.7k NOK
+1216.3%
Cash
54.3k NOK 243.1k NOK
+347.9%
Total assets
54.3k NOK 243.1k NOK
+347.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 512.8k NOK to 531.6k NOK (+3.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 15.2k NOK → 199.7k NOK (equity ratio 27.9% → 82.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 54.3k NOK → 243.1k NOK (+347.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +262.4k NOK → +209.6k NOK (op. margin 51.2% → 39.4%). Calculated

  • ↓

    Net result weakened

    Net result +262.4k NOK → +184.5k NOK (net margin 51.2% → 34.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 75.0k NOK → 94.6k NOK (15% → 18% of revenue). Calculated