Org.nr 924 427 280 2021 → 2022 Year-over-year analysis

ADMIRAL INVEST AS: årsregnskap 2022 vs 2021

Weaker earnings

registry 2023-08-23; journal 2023 715894

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADMIRAL INVEST AS. Net result -13.3k NOK → -25.1k NOK. Equity 3 094 NOK → -22.0k NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADMIRAL INVEST AS.

Scorecard

Revenue
n/m 0 NOK
—
Operating result
-13.2k NOK -29.3k NOK
-121.7%
Net result
-13.3k NOK -25.1k NOK
-89.2%
Equity
3 094 NOK -22.0k NOK
-810.3%
Cash
75.0k NOK 29.83m NOK
+39698.0%
Total assets
105.0k NOK 36.09m NOK
+34282.0%

What improved

  • ↑

    Cash rose

    Bank deposits 75.0k NOK → 29.83m NOK (+39698.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -13.2k NOK → -29.3k NOK. Calculated

  • ↓

    Net result weakened

    Net result -13.3k NOK → -25.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3 094 NOK → -22.0k NOK (equity ratio 2.9% → -0.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 30.0k NOK → 5 NOK. Reported fact