ADJUVO EIENDOM AS: årsregnskap 2022 vs 2021
Shrank 5% on revenue, stronger earnings
approved 2023-06-30; registry 2023-08-05; journal 2023 648839
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADJUVO EIENDOM AS. Revenue 302.3k NOK → 287.2k NOK (-5.0%). Net result -172.8k NOK → -75.3k NOK. Equity 4.38m NOK → 2.31m NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADJUVO EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -180.9k NOK → -94.8k NOK (op. margin -59.8% → -33.0%). Calculated
-
↑
Net result improved
Net result -172.8k NOK → -75.3k NOK (net margin -57.2% → -26.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 302.3k NOK to 287.2k NOK (-5.0% YoY). Calculated
-
↓
Equity eroded
Book equity 4.38m NOK → 2.31m NOK (equity ratio 54.6% → 28.1%). Calculated
-
↓
Cash fell
Bank deposits 696.4k NOK → 418.6k NOK (-39.9% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 22.8k NOK → 39.4k NOK (8% → 14% of revenue). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 25.0k NOK → 475.0k NOK. Reported fact