AD UND AS: årsregnskap 2022 vs 2021
Shrank 100% on revenue, slipped into loss
approved 2023-07-05; registry 2023-07-08; journal 2023 588916
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AD UND AS. Revenue 553.0k NOK → 553 NOK (-99.9%). Net result +2.82m NOK → -10.02m NOK. Equity 8.29m NOK → -1.73m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AD UND AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 3.53m NOK → 1.28m NOK (639% → 231189% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 553.0k NOK to 553 NOK (-99.9% YoY). Calculated
-
↓
Operating result weakened
Operating result -37.0k NOK → -1.31m NOK (op. margin -6.7% → -237708.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 2.82m NOK profit to a loss of 10.02m NOK. Calculated
-
↓
Equity eroded
Book equity 8.29m NOK → -1.73m NOK (equity ratio 90.9% → -20.2%). Calculated
-
↓
Cash fell
Bank deposits 267.4k NOK → 184.8k NOK (-30.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -20.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation