FirmaIQ
Org.nr 922 437 688 2021 → 2022 Year-over-year analysis

ADAMS BUTIKK AS: årsregnskap 2022 vs 2021

Shrank 8% on revenue, weaker earnings, cash halved-plus

approved 2023-05-12; registry 2023-06-14; journal 2023 473153

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADAMS BUTIKK AS. Revenue 32.57m NOK → 29.85m NOK (-8.4%). Net result +524.7k NOK → +225.7k NOK. Equity 1.24m NOK → 1.47m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAMS BUTIKK AS.

At a glance

Scorecard

Revenue
32.57m NOK 29.85m NOK
-8.4%
Operating result
+700.2k NOK +326.7k NOK
-53.3%
Net result
+524.7k NOK +225.7k NOK
-57.0%
Equity
1.24m NOK 1.47m NOK
+18.2%
Cash
648.5k NOK 297.4k NOK
-54.1%
Total assets
4.08m NOK 4.13m NOK
+1.3%

What improved

  • ↑

    Equity strengthened

    Book equity 1.24m NOK → 1.47m NOK (equity ratio 30.5% → 35.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 32.57m NOK to 29.85m NOK (-8.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +700.2k NOK → +326.7k NOK (op. margin 2.1% → 1.1%). Calculated

  • ↓

    Net result weakened

    Net result +524.7k NOK → +225.7k NOK (net margin 1.6% → 0.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 648.5k NOK → 297.4k NOK (-54.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.86m NOK → 2.89m NOK (9% → 10% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 24.66m NOK → 22.20m NOK (-10.0% YoY). Calculated