ADAM'S CARAVAN AS: årsregnskap 2022 vs 2021
Grew 5% on revenue, slipped into loss
registry 2023-05-25; journal 2023 427207
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADAM'S CARAVAN AS. Revenue 1.47m NOK → 1.55m NOK (+5.3%). Net result +167.6k NOK → -77.8k NOK. Equity 97.4k NOK → 19.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADAM'S CARAVAN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.47m NOK to 1.55m NOK (+5.3% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +191.8k NOK → -70.2k NOK (op. margin 13.1% → -4.5%). Calculated
-
↓
Fell into a net loss
Net result flipped from 167.6k NOK profit to a loss of 77.8k NOK. Calculated
-
↓
Equity eroded
Book equity 97.4k NOK → 19.6k NOK (equity ratio 12.4% → 2.8%). Calculated
-
↓
Cash fell
Bank deposits 548.7k NOK → 446.6k NOK (-18.6% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 509.1k NOK → 534.3k NOK (+5.0% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 0 NOK → 80.0k NOK. Reported fact