ADATO AS: årsregnskap 2022 vs 2021
Stronger earnings
approved 2023-05-16; registry 2023-05-27; journal 2023 427671
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADATO AS. Revenue 5.14m NOK → 5.17m NOK (+0.6%). Net result +10 NOK → +9.48m NOK. Equity 10.11m NOK → 592.4k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADATO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.14m NOK to 5.17m NOK (+0.6% YoY). Calculated
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↑
Net result improved
Net result +10 NOK → +9.48m NOK (net margin 0.0% → 183.5%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +708.3k NOK → +628.8k NOK (op. margin 13.8% → 12.2%). Calculated
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↓
Equity eroded
Book equity 10.11m NOK → 592.4k NOK (equity ratio 406.9% → 8.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.22× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 662.1k NOK → 284.6k NOK (-57.0% YoY). Calculated