ADAVA HOLDING AS: årsregnskap 2022 vs 2021
Grew 31% on revenue, returned to profit
approved 2023-07-26; registry 2023-07-29; journal 2023 664742
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADAVA HOLDING AS. Revenue 3.78m NOK → 4.97m NOK (+31.5%). Net result -62.2k NOK → +5.00m NOK. Equity 4.77m NOK → 1.76m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAVA HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.78m NOK to 4.97m NOK (+31.5% YoY). Calculated
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Operating result improved
Operating result -67.1k NOK → +1.28m NOK (op. margin -1.8% → 25.7%). Calculated
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Turned profitable
Net result flipped from a loss of 62.2k NOK to a profit of 5.00m NOK. Calculated
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Cash rose
Bank deposits 602.1k NOK → 926.1k NOK (+53.8% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 4.77m NOK → 1.76m NOK (equity ratio 293.8% → 74.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.84m NOK → 2.00m NOK (49% → 40% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 581.6k NOK → 721.0k NOK (+24.0% YoY). Calculated