ADITECH AS: årsregnskap 2022 vs 2021
Shrank 34% on revenue, slipped into loss
approved 2023-06-20; registry 2023-07-03; journal 2023 567151
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADITECH AS. Revenue 209.4k NOK → 138.5k NOK (-33.8%). Net result +12.6k NOK → -21.6k NOK. Equity 16.9k NOK → -4 653 NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADITECH AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 209.4k NOK to 138.5k NOK (-33.8% YoY). Calculated
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Operating result weakened
Operating result +12.6k NOK → -21.5k NOK (op. margin 6.0% → -15.5%). Calculated
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Fell into a net loss
Net result flipped from 12.6k NOK profit to a loss of 21.6k NOK. Calculated
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Equity eroded
Book equity 16.9k NOK → -4 653 NOK (equity ratio 11.6% → -3.8%). Calculated
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Cash fell
Bank deposits 137.3k NOK → 115.8k NOK (-15.7% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 28.9k NOK → 1 277 NOK (-95.6% YoY). Calculated