FirmaIQ
Org.nr 893 020 462 2021 → 2022 Year-over-year analysis

ADMIRAL OFFSHORE AS: årsregnskap 2022 vs 2021

Weaker earnings, cash halved-plus

approved 2023-05-23; registry 2023-07-26; journal 2023 652510

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADMIRAL OFFSHORE AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +67.2k NOK → +51.9k NOK. Equity 1.98m NOK → 2.03m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADMIRAL OFFSHORE AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-7 785 NOK -273 NOK
+96.5%
Net result
+67.2k NOK +51.9k NOK
-22.8%
Equity
1.98m NOK 2.03m NOK
+2.6%
Cash
176.2k NOK 24.6k NOK
-86.0%
Total assets
1.98m NOK 2.03m NOK
+2.6%

What improved

  • ↑

    Operating result improved

    Operating result -7 785 NOK → -273 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.98m NOK → 2.03m NOK (equity ratio 100.0% → 100.0%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +67.2k NOK → +51.9k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 176.2k NOK → 24.6k NOK (-86.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 56.5k NOK → 81.4k NOK. Reported fact