FirmaIQ
Org.nr 989 218 190 2021 → 2022 Year-over-year analysis

ADAKS HOLDING AS: årsregnskap 2022 vs 2021

Shrank 36% on revenue, weaker earnings

approved 2023-08-20; registry 2023-08-24; journal 2023 713552

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADAKS HOLDING AS. Revenue 5.79m NOK → 3.72m NOK (-35.7%). Net result +3.15m NOK → +2.11m NOK. Equity 9.93m NOK → 8.73m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADAKS HOLDING AS.

At a glance

Scorecard

Revenue
5.79m NOK 3.72m NOK
-35.7%
Operating result
+4.22m NOK +3.02m NOK
-28.4%
Net result
+3.15m NOK +2.11m NOK
-33.2%
Equity
9.93m NOK 8.73m NOK
-12.0%
Cash
70.5k NOK 1.18m NOK
+1579.3%
Total assets
23.70m NOK 23.24m NOK
-2.0%

What improved

  • ↑

    Cash rose

    Bank deposits 70.5k NOK → 1.18m NOK (+1579.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.79m NOK to 3.72m NOK (-35.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.22m NOK → +3.02m NOK (op. margin 72.9% → 81.2%). Calculated

  • ↓

    Net result weakened

    Net result +3.15m NOK → +2.11m NOK (net margin 54.5% → 56.6%). Calculated

  • ↓

    Equity eroded

    Book equity 9.93m NOK → 8.73m NOK (equity ratio 41.9% → 37.6%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 225.0k NOK → 200.0k NOK. Reported fact