ADWIST BYGG AS: årsregnskap 2023 vs 2022
Shrank 23% on revenue, returned to profit
approved 2024-05-08; registry 2024-05-13; journal 2024 406839
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADWIST BYGG AS. Revenue 6.09m NOK → 4.69m NOK (-23.0%). Net result -29.2k NOK → +470.0k NOK. Equity -245.0k NOK → 224.9k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADWIST BYGG AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -23.2k NOK → +528.6k NOK (op. margin -0.4% → 11.3%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 29.2k NOK to a profit of 470.0k NOK. Calculated
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↑
Equity strengthened
Book equity -245.0k NOK → 224.9k NOK (equity ratio -183.3% → 18.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.06× → 1.20×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.09m NOK to 4.69m NOK (-23.0% YoY). Calculated
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↓
Cash fell
Bank deposits 518.4k NOK → 399.7k NOK (-22.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 825.2k NOK → 193.9k NOK (-76.5% YoY). Calculated