Org.nr 959 934 924 2021 → 2022 Year-over-year analysis

ADECCO SOLUTIONS AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, weaker earnings

approved 2023-06-26; registry 2023-07-29; journal 2023 620738

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADECCO SOLUTIONS AS. Revenue 649.89m NOK → 740.8k NOK (-99.9%). Net result -7.28m NOK → -21.19m NOK. Equity 55.06m NOK → 54.87m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADECCO SOLUTIONS AS.

Scorecard

Revenue
649.89m NOK 740.8k NOK
-99.9%
Operating result
-7 445 NOK -23.29m NOK
-312714.0%
Net result
-7.28m NOK -21.19m NOK
-191.0%
Equity
55.06m NOK 54.87m NOK
-0.4%
Cash
122.08m NOK n/m
—
Total assets
210.63m NOK 271.6k NOK
-99.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 649.89m NOK to 740.8k NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -7 445 NOK → -23.29m NOK (op. margin -0.0% → -3143.7%). Calculated

  • ↓

    Net result weakened

    Net result -7.28m NOK → -21.19m NOK (net margin -1.1% → -2860.7%). Calculated

  • ↓

    Equity eroded

    Book equity 55.06m NOK → 54.87m NOK (equity ratio 26.1% → 20198.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.52m NOK → 7.62m NOK (1% → 1028% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 55.06m NOK → 54.87m NOK — check capital reduction, conversion, or reclassification. Interpretation