ADMINCONS AS: årsregnskap 2022 vs 2021
Grew 9% on revenue, stronger earnings
approved 2023-06-28; registry 2023-08-07; journal 2023 649787
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADMINCONS AS. Revenue 5.56m NOK → 6.09m NOK (+9.5%). Net result +287.6k NOK → +594.5k NOK. Equity 362.6k NOK → 351.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADMINCONS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.56m NOK to 6.09m NOK (+9.5% YoY). Calculated
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Operating result improved
Operating result +381.2k NOK → +748.7k NOK (op. margin 6.9% → 12.3%). Calculated
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Net result improved
Net result +287.6k NOK → +594.5k NOK (net margin 5.2% → 9.8%). Calculated
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Payroll decreased
Salary cost 2.40m NOK → 2.09m NOK (43% → 34% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 362.6k NOK → 351.3k NOK (equity ratio 17.9% → 12.0%). Calculated
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↓
Cash fell
Bank deposits 328.1k NOK → 241.6k NOK (-26.4% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.67m NOK → 2.23m NOK (+33.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 19.0k NOK → 14.9k NOK. Reported fact