Org.nr 916 667 043 2021 → 2022 Year-over-year analysis

ADAMS ISOLERING AS: årsregnskap 2022 vs 2021

Grew 51% on revenue, weaker earnings

approved 2023-06-30; registry 2023-07-13; journal 2023 576574

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADAMS ISOLERING AS. Revenue 15.84m NOK → 23.99m NOK (+51.4%). Net result +454.8k NOK → +51.5k NOK. Equity 10.80m NOK → 848.0k NOK.

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

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADAMS ISOLERING AS.

Scorecard

Revenue
15.84m NOK 23.99m NOK
+51.4%
Operating result
+543.1k NOK +412.9k NOK
-24.0%
Net result
+454.8k NOK +51.5k NOK
-88.7%
Equity
10.80m NOK 848.0k NOK
-92.1%
Cash
802.6k NOK 458.3k NOK
-42.9%
Total assets
5.08m NOK 8.37m NOK
+64.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.84m NOK to 23.99m NOK (+51.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +543.1k NOK → +412.9k NOK (op. margin 3.4% → 1.7%). Calculated

  • ↓

    Net result weakened

    Net result +454.8k NOK → +51.5k NOK (net margin 2.9% → 0.2%). Calculated

  • ↓

    Equity eroded

    Book equity 10.80m NOK → 848.0k NOK (equity ratio 212.5% → 10.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 802.6k NOK → 458.3k NOK (-42.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3.49m NOK → 6.85m NOK (+96.1% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 19.44 → 20.41. Reported fact