ADDICT AS: årsregnskap 2022 vs 2021
Slipped into loss, cash halved-plus
approved 2023-06-11; registry 2023-07-05; journal 2023 576817
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADDICT AS. Revenue 4 016 NOK → 4 016 NOK (0.0%). Net result +1 427 NOK → -5 919 NOK. Equity 5 344 NOK → -574 NOK.
Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADDICT AS.
At a glance
Scorecard
What deteriorated
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Operating result weakened
Operating result +1 427 NOK → -5 691 NOK (op. margin 35.5% → -141.7%). Calculated
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Fell into a net loss
Net result flipped from 1 427 NOK profit to a loss of 5 919 NOK. Calculated
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Equity eroded
Book equity 5 344 NOK → -574 NOK (equity ratio 97.2% → -55.2%). Calculated
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Cash fell
Bank deposits 5 497 NOK → 1 039 NOK (-81.1% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 35.93× → 0.64× — 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 -55.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation