Org.nr 993 554 790 2021 → 2022 Year-over-year analysis

AD MALERARBEID AS: årsregnskap 2022 vs 2021

Grew 97% on revenue, stronger earnings

approved 2023-06-24; registry 2023-06-27; journal 2023 527755

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AD MALERARBEID AS. Revenue 1.91m NOK → 3.77m NOK (+97.4%). Net result +476.2k NOK → +705.9k NOK. Equity 10.27m NOK → 976.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for AD MALERARBEID AS.

Scorecard

Revenue
1.91m NOK 3.77m NOK
+97.4%
Operating result
+503.5k NOK +895.3k NOK
+77.8%
Net result
+476.2k NOK +705.9k NOK
+48.2%
Equity
10.27m NOK 976.5k NOK
-90.5%
Cash
687.2k NOK 732.4k NOK
+6.6%
Total assets
60.1k NOK 2.52m NOK
+4091.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.91m NOK to 3.77m NOK (+97.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +503.5k NOK → +895.3k NOK (op. margin 26.4% → 23.8%). Calculated

  • ↑

    Net result improved

    Net result +476.2k NOK → +705.9k NOK (net margin 25.0% → 18.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 687.2k NOK → 732.4k NOK (+6.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2007.02bn NOK → 2 NOK (105194118% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 10.27m NOK → 976.5k NOK (equity ratio 17089.2% → 38.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.26× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 5. Reported fact