ADELIN AS: årsregnskap 2022 vs 2021
Grew 8% on revenue, weaker earnings
approved 2023-02-09; registry 2023-02-16; journal 2023 306611
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADELIN AS. Revenue 7.97m NOK → 8.62m NOK (+8.2%). Net result +438.5k NOK → +326.8k NOK. Equity 2.17m NOK → 2.73m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADELIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.97m NOK to 8.62m NOK (+8.2% YoY). Calculated
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↑
Equity strengthened
Book equity 2.17m NOK → 2.73m NOK (equity ratio 59.7% → 65.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +545.1k NOK → +460.8k NOK (op. margin 6.8% → 5.3%). Calculated
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↓
Net result weakened
Net result +438.5k NOK → +326.8k NOK (net margin 5.5% → 3.8%). Calculated
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↓
Cash fell
Bank deposits 1.62m NOK → 1.12m NOK (-30.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.40m NOK → 2.59m NOK (30% → 30% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 4.02m NOK → 4.46m NOK (+11.0% YoY). Calculated