Org.nr 926 675 575 2021 → 2022 Year-over-year analysis

ADMIRATE AS: årsregnskap 2022 vs 2021

Grew 543640% on revenue, weaker earnings

approved 2023-04-19; registry 2023-04-24; journal 2023 365510

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADMIRATE AS. Revenue 1 020 NOK → 5.55m NOK (+543640.5%). Net result +263.4k NOK → +12.8k NOK. Equity 5.29m NOK → 306.2k NOK.

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

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADMIRATE AS.

Scorecard

Revenue
1 020 NOK 5.55m NOK
+543640.5%
Operating result
+337.9k NOK +15.5k NOK
-95.4%
Net result
+263.4k NOK +12.8k NOK
-95.1%
Equity
5.29m NOK 306.2k NOK
-94.2%
Cash
317.4k NOK 882.7k NOK
+178.1%
Total assets
495.9k NOK 570.0k NOK
+14.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 020 NOK to 5.55m NOK (+543640.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 317.4k NOK → 882.7k NOK (+178.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +337.9k NOK → +15.5k NOK (op. margin 33124.4% → 0.3%). Calculated

  • ↓

    Net result weakened

    Net result +263.4k NOK → +12.8k NOK (net margin 25822.5% → 0.2%). Calculated

  • ↓

    Equity eroded

    Book equity 5.29m NOK → 306.2k NOK (equity ratio 1067.4% → 53.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 564.8k NOK → 735.6k NOK (+30.2% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 3. Reported fact