FirmaIQ
Org.nr 922 706 980 2021 → 2022 Year-over-year analysis

AD UTVIKLING AS: årsregnskap 2022 vs 2021

Grew 26% on revenue, stronger earnings

approved 2023-04-27; registry 2023-05-15; journal 2023 381117

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for AD UTVIKLING AS. Revenue 23.58m NOK → 29.68m NOK (+25.9%). Net result +712.7k NOK → +5.66m NOK. Equity 864.7k NOK → 3.33m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AD UTVIKLING AS.

At a glance

Scorecard

Revenue
23.58m NOK 29.68m NOK
+25.9%
Operating result
+853.0k NOK +7.51m NOK
+780.5%
Net result
+712.7k NOK +5.66m NOK
+694.6%
Equity
864.7k NOK 3.33m NOK
+284.9%
Cash
371.6k NOK 320.2k NOK
-13.8%
Total assets
18.04m NOK 9.59m NOK
-46.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 23.58m NOK to 29.68m NOK (+25.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +853.0k NOK → +7.51m NOK (op. margin 3.6% → 25.3%). Calculated

  • ↑

    Net result improved

    Net result +712.7k NOK → +5.66m NOK (net margin 3.0% → 19.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 864.7k NOK → 3.33m NOK (equity ratio 4.8% → 34.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 371.6k NOK → 320.2k NOK (-13.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 17.46m NOK → 21.83m NOK (+25.1% YoY). Calculated