AD NAVIGATION AS: årsregnskap 2022 vs 2021
Grew 11% on revenue, stronger earnings
approved 2023-06-28; registry 2023-07-22; journal 2023 599014
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AD NAVIGATION AS. Revenue 25.42m NOK → 28.14m NOK (+10.7%). Net result +390.0k NOK → +2.89m NOK. Equity 8.75m NOK → 10.74m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AD NAVIGATION AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 25.42m NOK to 28.14m NOK (+10.7% YoY). Calculated
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↑
Net result improved
Net result +390.0k NOK → +2.89m NOK (net margin 1.5% → 10.3%). Calculated
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↑
Equity strengthened
Book equity 8.75m NOK → 10.74m NOK (equity ratio 58.0% → 61.7%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 6.63m NOK → 3.94m NOK (-40.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 10.85m NOK → 10.45m NOK (-3.7% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 5.5 → 6. Reported fact