ADWAY AS: årsregnskap 2023 vs 2022
Shrank 6% on revenue
approved 2024-04-12; registry 2024-05-06; journal 2024 397333
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADWAY AS. Revenue 26.1k NOK → 24.5k NOK (-6.2%). Net result +1 318 NOK → +1 162 NOK. Equity -1.71m NOK → -1.71m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADWAY AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -1.71m NOK → -1.71m NOK (equity ratio -1224.5% → -1453.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 26.1k NOK to 24.5k NOK (-6.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +1 318 NOK → +1 142 NOK (op. margin 5.0% → 4.7%). Calculated
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↓
Cash fell
Bank deposits 137.6k NOK → 112.4k NOK (-18.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1453.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation