ADD + SPACE AS: årsregnskap 2022 vs 2021
Weaker earnings, fresh owner capital
approved 2023-07-10; registry 2023-08-17; journal 2023 697350
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADD + SPACE AS. Revenue 0 NOK → 2.31m NOK. Net result -11.09m NOK → -13.45m NOK. Equity 4.13m NOK → -3.29m NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADD + SPACE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 2.31m NOK. Calculated
-
↑
Cash rose
Bank deposits 4 124 NOK → 6.81m NOK (+165010.8% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 15.2k NOK → 21.25m NOK (+21.24m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -11.08m NOK → -13.30m NOK. Calculated
-
↓
Net result weakened
Net result -11.09m NOK → -13.45m NOK. Calculated
-
↓
Equity eroded
Book equity 4.13m NOK → -3.29m NOK (equity ratio 77.5% → -26.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -26.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 3 836 NOK → 2.01m NOK. Calculated