ADIUVARET AS: årsregnskap 2022 vs 2021
Grew 24% on revenue, stronger earnings
approved 2023-03-15; registry 2023-03-30; journal 2023 341939
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADIUVARET AS. Revenue 2.20m NOK → 2.73m NOK (+24.1%). Net result +689.1k NOK → +903.4k NOK. Equity 661.3k NOK → 179.7k NOK.
On the constructive side: revenue rose; net result improved; current ratio back above 1×. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADIUVARET AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.20m NOK to 2.73m NOK (+24.1% YoY). Calculated
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Net result improved
Net result +689.1k NOK → +903.4k NOK (net margin 31.3% → 33.0%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.44× → 2.54×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +862.9k NOK → +153.3k NOK (op. margin 39.2% → 5.6%). Calculated
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↓
Equity eroded
Book equity 661.3k NOK → 179.7k NOK (equity ratio 152.3% → 9.9%). Calculated
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↓
Cash fell
Bank deposits 857.9k NOK → 434.4k NOK (-49.4% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 9.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1.00m NOK → 1.12m NOK (46% → 41% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 22.6k NOK → 70.8k NOK (+213.1% YoY). Calculated