ADMIRUM AS: årsregnskap 2022 vs 2021
Grew 11% on revenue, slipped into loss
approved 2023-05-09; registry 2023-07-24; journal 2023 641442
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADMIRUM AS. Revenue 2.02m NOK → 2.23m NOK (+10.7%). Net result +1.64m NOK → -199.5k NOK. Equity 7.06m NOK → 5.86m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADMIRUM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.02m NOK to 2.23m NOK (+10.7% YoY). Calculated
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↑
Operating result improved
Operating result +1.01m NOK → +1.14m NOK (op. margin 50.3% → 51.2%). Calculated
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↑
Cash rose
Bank deposits 1.74m NOK → 2.92m NOK (+68.1% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 1.64m NOK profit to a loss of 199.5k NOK. Calculated
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↓
Equity eroded
Book equity 7.06m NOK → 5.86m NOK (equity ratio 87.7% → 80.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 888.4k NOK → 952.5k NOK (44% → 43% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 5.49m NOK → 3.31m NOK. Reported fact