ADWINIGROUP AS: årsregnskap 2023 vs 2022
Grew 149% on revenue, returned to profit
approved 2024-02-28; registry 2024-06-20; journal 2024 522346
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADWINIGROUP AS. Revenue 392.3k NOK → 977.6k NOK (+149.2%). Net result -91.9k NOK → +20.6k NOK. Equity -75.1k NOK → -54.5k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADWINIGROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 392.3k NOK to 977.6k NOK (+149.2% YoY). Calculated
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↑
Operating result improved
Operating result -117.8k NOK → +71.5k NOK (op. margin -30.0% → 7.3%). Calculated
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Turned profitable
Net result flipped from a loss of 91.9k NOK to a profit of 20.6k NOK. Calculated
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Equity strengthened
Book equity -75.1k NOK → -54.5k NOK (equity ratio -18.3% → -12.5%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 61.7k NOK → 37.6k NOK (-39.1% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 278.4k NOK → 631.7k NOK (+126.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 22.3k NOK → 0 NOK. Reported fact