ADA SOGNDAL D AS: årsregnskap 2022 vs 2021
Grew 538% on revenue, weaker earnings
approved 2023-04-13; registry 2023-06-05; journal 2023 425150
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADA SOGNDAL D AS. Revenue 235 NOK → 1 499 NOK (+537.9%). Net result -291.8k NOK → -736.5k NOK. Equity 20.4k NOK → -716.1k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADA SOGNDAL D AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 235 NOK to 1 499 NOK (+537.9% YoY). Calculated
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Operating result improved
Operating result -199.7k NOK → +128.7k NOK (op. margin -84957.9% → 8587.6%). Calculated
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Cash rose
Bank deposits 16.1k NOK → 469.4k NOK (+2813.3% YoY). Calculated
What deteriorated
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Net result weakened
Net result -291.8k NOK → -736.5k NOK (net margin -124177.4% → -49135.0%). Calculated
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↓
Equity eroded
Book equity 20.4k NOK → -716.1k NOK (equity ratio 0.1% → -1.6%). Calculated
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Current ratio dropped below 1×
Current ratio 639.22× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -1.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation