ADMIN HOLDING AS: årsregnskap 2022 vs 2021
Grew 589002% on revenue, weaker earnings
approved 2023-04-25; registry 2023-05-16; journal 2023 385974
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADMIN HOLDING AS. Revenue 679 NOK → 4.00m NOK (+589001.6%). Net result +312.9k NOK → +15.8k NOK. Equity 7.95m NOK → 19.77m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADMIN HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 679 NOK to 4.00m NOK (+589001.6% YoY). Calculated
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↑
Equity strengthened
Book equity 7.95m NOK → 19.77m NOK (equity ratio 75.0% → 75.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +401.1k NOK → +406 NOK (op. margin 59067.6% → 0.0%). Calculated
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↓
Net result weakened
Net result +312.9k NOK → +15.8k NOK (net margin 46088.4% → 0.4%). Calculated
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↓
Cash fell
Bank deposits 157.9k NOK → 145.0k NOK (-8.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.39m NOK → 3.47m NOK (499873% → 87% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 8.04m NOK → 13.43m NOK (+67.2% YoY). Calculated