ADM AS: årsregnskap 2022 vs 2021
Grew 18% on revenue
approved 2023-05-03; registry 2023-05-22; journal 2023 393308
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADM AS. Revenue 6.57m NOK → 7.77m NOK (+18.3%). Net result +760.4k NOK → +827.2k NOK. Equity 452.3k NOK → 529.5k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.57m NOK to 7.77m NOK (+18.3% YoY). Calculated
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↑
Net result improved
Net result +760.4k NOK → +827.2k NOK (net margin 11.6% → 10.6%). Calculated
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Equity strengthened
Book equity 452.3k NOK → 529.5k NOK (equity ratio 19.1% → 22.3%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +980.3k NOK → +74.5k NOK (op. margin 14.9% → 1.0%). Calculated
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↓
Cash fell
Bank deposits 955.8k NOK → 704.0k NOK (-26.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.07× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 3.70m NOK → 4.60m NOK (56% → 59% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 386.3k NOK → 641.8k NOK (+66.1% YoY). Calculated