ADEA HJEMMEHJELP AS: årsregnskap 2022 vs 2021
Grew 15% on revenue, stronger earnings
approved 2023-06-30; registry 2023-07-04; journal 2023 569827
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADEA HJEMMEHJELP AS. Revenue 3.11m NOK → 3.58m NOK (+15.2%). Net result +152.6k NOK → +347.2k NOK. Equity 68.0k NOK → 59.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADEA HJEMMEHJELP AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.11m NOK to 3.58m NOK (+15.2% YoY). Calculated
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Operating result improved
Operating result +197.9k NOK → +452.7k NOK (op. margin 6.4% → 12.6%). Calculated
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Net result improved
Net result +152.6k NOK → +347.2k NOK (net margin 4.9% → 9.7%). Calculated
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Cash rose
Bank deposits 624.0k NOK → 881.9k NOK (+41.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 68.0k NOK → 59.6k NOK (equity ratio 26.5% → 3.8%). Calculated
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Current ratio dropped below 1×
Current ratio 1.30× → 0.38× — 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 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 2.61m NOK → 2.77m NOK (84% → 77% of revenue). Calculated
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Book investments changed
Investment / intangible book value 95.0k NOK → 83.0k NOK. Reported fact