ADMINI AS: årsregnskap 2022 vs 2021
Shrank 25% on revenue, slipped into loss, cash halved-plus
approved 2023-02-17; registry 2023-05-22; journal 2023 412911
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADMINI AS. Revenue 327.7k NOK → 247.2k NOK (-24.6%). Net result +2.71m NOK → -321.4k NOK. Equity 4.86m NOK → 4.54m NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADMINI AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 327.7k NOK to 247.2k NOK (-24.6% YoY). Calculated
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Operating result weakened
Operating result -83.3k NOK → -323.8k NOK (op. margin -25.4% → -131.0%). Calculated
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Fell into a net loss
Net result flipped from 2.71m NOK profit to a loss of 321.4k NOK. Calculated
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Equity eroded
Book equity 4.86m NOK → 4.54m NOK (equity ratio 93.4% → 94.1%). Calculated
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Cash fell
Bank deposits 2.79m NOK → 545.7k NOK (-80.4% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (2.79m NOK → 545.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Book investments changed
Investment / intangible book value 2.03m NOK → 0 NOK. Reported fact