FirmaIQ
Org.nr 983 847 412 2021 → 2022 Year-over-year analysis

ADCARE AS: årsregnskap 2022 vs 2021

Grew 43% on revenue

approved 2023-03-17; registry 2023-05-24; journal 2023 402104

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADCARE AS. Revenue 40.69m NOK → 58.26m NOK (+43.2%). Net result +4.94m NOK → +5.14m NOK. Equity 3.66m NOK → 7.80m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

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

At a glance

Scorecard

Revenue
40.69m NOK 58.26m NOK
+43.2%
Operating result
+5.31m NOK +5.92m NOK
+11.5%
Net result
+4.94m NOK +5.14m NOK
+4.0%
Equity
3.66m NOK 7.80m NOK
+113.1%
Cash
517.7k NOK 655.1k NOK
+26.5%
Total assets
17.49m NOK 25.47m NOK
+45.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 40.69m NOK to 58.26m NOK (+43.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5.31m NOK → +5.92m NOK (op. margin 13.1% → 10.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.66m NOK → 7.80m NOK (equity ratio 20.9% → 30.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 517.7k NOK → 655.1k NOK (+26.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 8.87m NOK → 11.57m NOK (22% → 20% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 18.79m NOK → 32.22m NOK (+71.4% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 9 → 11. Reported fact