ADMIR TRANSPORT AS: årsregnskap 2022 vs 2021
Grew 39% on revenue, slipped into loss
approved 2023-07-26; registry 2023-08-15; journal 2023 681068
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADMIR TRANSPORT AS. Revenue 15.63m NOK → 21.80m NOK (+39.5%). Net result +644.4k NOK → -372.2k NOK. Equity 15.39m NOK → 13 NOK.
On the constructive side: revenue rose; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADMIR TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 15.63m NOK to 21.80m NOK (+39.5% YoY). Calculated
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↑
Cash rose
Bank deposits 93.3k NOK → 521.3k NOK (+458.9% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 644.4k NOK profit to a loss of 372.2k NOK. Calculated
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↓
Equity eroded
Book equity 15.39m NOK → 13 NOK (equity ratio 216.9% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 9 429 NOK → 85.6k NOK (+807.5% YoY). Calculated