Org.nr 996 182 029 2021 → 2022 Year-over-year analysis

ADEO AS: årsregnskap 2022 vs 2021

Grew 6% on revenue, weaker earnings, cash halved-plus

approved 2023-03-20; registry 2023-03-25; journal 2023 334157

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADEO AS. Revenue 73.1k NOK → 77.4k NOK (+5.9%). Net result -142.7k NOK → -186.9k NOK. Equity 631.5k NOK → 444.6k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADEO AS.

Scorecard

Revenue
73.1k NOK 77.4k NOK
+5.9%
Operating result
-154.6k NOK -189.6k NOK
-22.6%
Net result
-142.7k NOK -186.9k NOK
-31.0%
Equity
631.5k NOK 444.6k NOK
-29.6%
Cash
278.2k NOK 125.0k NOK
-55.1%
Total assets
635.6k NOK 458.5k NOK
-27.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 73.1k NOK to 77.4k NOK (+5.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -154.6k NOK → -189.6k NOK (op. margin -211.6% → -245.0%). Calculated

  • ↓

    Net result weakened

    Net result -142.7k NOK → -186.9k NOK (net margin -195.4% → -241.5%). Calculated

  • ↓

    Equity eroded

    Book equity 631.5k NOK → 444.6k NOK (equity ratio 99.4% → 97.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 278.2k NOK → 125.0k NOK (-55.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 209.9k NOK → 13.0k NOK. Reported fact