ADEKVAT VVS AS: årsregnskap 2022 vs 2021
Grew 5% on revenue, slipped into loss
approved 2023-06-30; registry 2023-07-17; journal 2023 621554
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADEKVAT VVS AS. Revenue 5.62m NOK → 5.92m NOK (+5.3%). Net result +784.0k NOK → -675.5k NOK. Equity 1.93m NOK → 1.26m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADEKVAT VVS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.62m NOK to 5.92m NOK (+5.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +772.8k NOK → -486.2k NOK (op. margin 13.7% → -8.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 784.0k NOK profit to a loss of 675.5k NOK. Calculated
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↓
Equity eroded
Book equity 1.93m NOK → 1.26m NOK (equity ratio 72.6% → 45.9%). Calculated
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↓
Cash fell
Bank deposits 896.5k NOK → 598.9k NOK (-33.2% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.43m NOK → 1.97m NOK (+38.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 53.4k NOK → 20.0k NOK. Reported fact