Org.nr 922 112 401 2021 → 2022 Year-over-year analysis

ADMIRAL HOFF AS: årsregnskap 2022 vs 2021

Shrank 27% on revenue, weaker earnings

approved 2023-04-10; registry 2023-04-12; journal 2023 350364

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADMIRAL HOFF AS. Revenue 600.0k NOK → 440.0k NOK (-26.7%). Net result +4.47m NOK → +329.8k NOK. Equity 4.48m NOK → 813.9k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
600.0k NOK 440.0k NOK
-26.7%
Operating result
+600.0k NOK +427.0k NOK
-28.8%
Net result
+4.47m NOK +329.8k NOK
-92.6%
Equity
4.48m NOK 813.9k NOK
-81.8%
Cash
14.4k NOK 527.3k NOK
+3554.7%
Total assets
824.4k NOK 237.3k NOK
-71.2%

What improved

  • ↑

    Cash rose

    Bank deposits 14.4k NOK → 527.3k NOK (+3554.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 600.0k NOK to 440.0k NOK (-26.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +600.0k NOK → +427.0k NOK (op. margin 100.0% → 97.1%). Calculated

  • ↓

    Net result weakened

    Net result +4.47m NOK → +329.8k NOK (net margin 744.6% → 75.0%). Calculated

  • ↓

    Equity eroded

    Book equity 4.48m NOK → 813.9k NOK (equity ratio 543.9% → 343.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4800.22× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated