Org.nr 920 262 139 2021 → 2022 Year-over-year analysis

ADAMEK BYGG AS: årsregnskap 2022 vs 2021

Grew 78% on revenue, weaker earnings

approved 2023-06-30; registry 2023-07-10; journal 2023 599748

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADAMEK BYGG AS. Revenue 5.50m NOK → 9.79m NOK (+78.2%). Net result +4.34m NOK → +117.5k NOK. Equity 615.1k NOK → 732.6k NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADAMEK BYGG AS.

Scorecard

Revenue
5.50m NOK 9.79m NOK
+78.2%
Operating result
+487.4k NOK +220.0k NOK
-54.9%
Net result
+4.34m NOK +117.5k NOK
-97.3%
Equity
615.1k NOK 732.6k NOK
+19.1%
Cash
369.7k NOK 1.40m NOK
+278.7%
Total assets
2.24m NOK 4.38m NOK
+95.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.50m NOK to 9.79m NOK (+78.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 615.1k NOK → 732.6k NOK (equity ratio 27.5% → 16.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 369.7k NOK → 1.40m NOK (+278.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +487.4k NOK → +220.0k NOK (op. margin 8.9% → 2.2%). Calculated

  • ↓

    Net result weakened

    Net result +4.34m NOK → +117.5k NOK (net margin 79.0% → 1.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.64m NOK → 5.62m NOK (66% → 57% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 376.1k NOK → 133.0k NOK (-64.6% YoY). Calculated