ADAM OG EVA JESSHEIM AS: årsregnskap 2022 vs 2021
Grew 8% on revenue, weaker earnings, cash halved-plus
approved 2023-05-25; registry 2023-06-20; journal 2023 485040
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADAM OG EVA JESSHEIM AS. Revenue 5.97m NOK → 6.45m NOK (+8.0%). Net result +803.5k NOK → +337.5k NOK. Equity 23.6k NOK → 1.36m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADAM OG EVA JESSHEIM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.97m NOK to 6.45m NOK (+8.0% YoY). Calculated
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↑
Operating result improved
Operating result +27.7k NOK → +426.8k NOK (op. margin 0.5% → 6.6%). Calculated
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↑
Equity strengthened
Book equity 23.6k NOK → 1.36m NOK (equity ratio 0.9% → 41.2%). Calculated
What deteriorated
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↓
Net result weakened
Net result +803.5k NOK → +337.5k NOK (net margin 13.5% → 5.2%). Calculated
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↓
Cash fell
Bank deposits 2.18m NOK → 925.0k NOK (-57.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.69× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2.80m NOK → 3.53m NOK (47% → 55% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 778.5k NOK → 764.3k NOK (-1.8% YoY). Calculated