ADMIRAL P AS: årsregnskap 2022 vs 2021
Grew 3601% on revenue, weaker earnings
approved 2023-06-13; registry 2023-07-10; journal 2023 601288
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADMIRAL P AS. Revenue 103.2k NOK → 3.82m NOK (+3601.0%). Net result +632.0k NOK → +336.8k NOK. Equity 811.9k NOK → 898.7k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADMIRAL P AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 103.2k NOK to 3.82m NOK (+3601.0% YoY). Calculated
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Equity strengthened
Book equity 811.9k NOK → 898.7k NOK (equity ratio 215.0% → 73.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.67× → 3.77×. Calculated
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Payroll decreased
Salary cost 2.74m NOK → 2 NOK (2650% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +816.0k NOK → +435.2k NOK (op. margin 790.8% → 11.4%). Calculated
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Net result weakened
Net result +632.0k NOK → +336.8k NOK (net margin 612.4% → 8.8%). Calculated
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↓
Cash fell
Bank deposits 690.8k NOK → 553.8k NOK (-19.8% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 452.9k NOK → 1.95m NOK (+330.3% YoY). Calculated