Org.nr 977 270 375 2021 → 2022 Year-over-year analysis

ADFLASH AS: årsregnskap 2022 vs 2021

A steady year on the published lines

approved 2023-05-25; registry 2023-06-05; journal 2023 461427

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADFLASH AS. Net result +1.78m NOK → +2.11m NOK. Equity 6.20m NOK → 119.2k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADFLASH AS.

Scorecard

Operating result
-305.2k NOK -334.6k NOK
-9.6%
Net result
+1.78m NOK +2.11m NOK
+18.9%
Equity
6.20m NOK 119.2k NOK
-98.1%
Cash
19.5k NOK 19.6k NOK
+0.7%
Total assets
5.34m NOK 7.19m NOK
+34.7%

What improved

  • ↑

    Net result improved

    Net result +1.78m NOK → +2.11m NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -305.2k NOK → -334.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 6.20m NOK → 119.2k NOK (equity ratio 116.2% → 1.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3.90m NOK → 4.54m NOK. Reported fact