ADARIS AS: årsregnskap 2022 vs 2021
Weaker earnings, cash halved-plus
approved 2023-06-06; registry 2023-07-25; journal 2023 605885
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADARIS AS. Net result +8.11m NOK → +1.12m NOK. Equity 37.93m NOK → 38.15m NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADARIS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 37.93m NOK → 38.15m NOK (equity ratio 96.9% → 97.4%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -41.0k NOK → -42.5k NOK. Calculated
-
↓
Net result weakened
Net result +8.11m NOK → +1.12m NOK. Calculated
-
↓
Cash fell
Bank deposits 7.76m NOK → 2.10m NOK (-73.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (7.76m NOK → 2.10m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 11.93m NOK → 10.70m NOK. Reported fact