Org.nr 990 335 206 2021 → 2022 Year-over-year analysis

ACDN WORKS AS: årsregnskap 2022 vs 2021

Stronger earnings

approved 2023-07-21; registry 2023-08-08; journal 2023 659981

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACDN WORKS AS. Net result +10.2k NOK → +5.60m NOK. Equity 4.92m NOK → 5.52m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACDN WORKS AS.

Scorecard

Revenue
n/m 1 NOK
—
Operating result
-23.1k NOK -25.7k NOK
-11.2%
Net result
+10.2k NOK +5.60m NOK
+54567.9%
Equity
4.92m NOK 5.52m NOK
+12.1%
Cash
128.3k NOK 589.1k NOK
+359.2%
Total assets
5.13m NOK 5.57m NOK
+8.6%

What improved

  • ↑

    Net result improved

    Net result +10.2k NOK → +5.60m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 4.92m NOK → 5.52m NOK (equity ratio 95.9% → 99.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 128.3k NOK → 589.1k NOK (+359.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.61× → 10.17×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -23.1k NOK → -25.7k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.43m NOK → 2.42m NOK. Reported fact