A.D.A. GJERDE & HÅNDVERK AS: årsregnskap 2022 vs 2021
Grew 82% on revenue, slipped into loss, cash halved-plus
approved 2023-01-31; registry 2023-07-22; journal 2023 635740
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A.D.A. GJERDE & HÅNDVERK AS. Revenue 974 NOK → 1 775 NOK (+82.2%). Net result 0 NOK → -587.2k NOK. Equity 30.0k NOK → -557.2k NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A.D.A. GJERDE & HÅNDVERK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 974 NOK to 1 775 NOK (+82.2% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 0 NOK profit to a loss of 587.2k NOK. Calculated
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↓
Equity eroded
Book equity 30.0k NOK → -557.2k NOK (equity ratio 100.0% → -2326.2%). Calculated
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↓
Cash fell
Bank deposits 30.0k NOK → 5 453 NOK (-81.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2326.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation