ADA SOGNDAL AS: årsregnskap 2022 vs 2021
Grew 74879% on revenue, stronger earnings, cash halved-plus
approved 2023-06-19; registry 2023-06-27; journal 2023 510677
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADA SOGNDAL AS. Revenue 1 077 NOK → 807.5k NOK (+74878.9%). Net result -1.00m NOK → -799.8k NOK. Equity 1.07m NOK → 4.05m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADA SOGNDAL AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 077 NOK to 807.5k NOK (+74878.9% YoY). Calculated
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Operating result improved
Operating result -806.6k NOK → -790.6k NOK (op. margin -74897.1% → -97.9%). Calculated
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Net result improved
Net result -1.00m NOK → -799.8k NOK (net margin -93277.5% → -99.0%). Calculated
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Equity strengthened
Book equity 1.07m NOK → 4.05m NOK (equity ratio 5.5% → 29.1%). Calculated
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Owners injected capital
Paid-in equity rose 1.07m NOK → 4.05m NOK (+2.98m NOK). Reported fact
What deteriorated
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Cash fell
Bank deposits 3.50m NOK → 142.0k NOK (-95.9% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 2.11× → 0.11× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (3.50m NOK → 142.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation