ADMIT AS: årsregnskap 2022 vs 2021
Grew 10% on revenue, stronger earnings, cash halved-plus
approved 2023-04-24; registry 2023-06-05; journal 2023 422560
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADMIT AS. Revenue 1.44m NOK → 1.58m NOK (+9.6%). Net result -1.12m NOK → -528.2k NOK. Equity 1.34m NOK → 815.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADMIT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.44m NOK to 1.58m NOK (+9.6% YoY). Calculated
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↑
Operating result improved
Operating result -1.12m NOK → -513.5k NOK (op. margin -77.8% → -32.5%). Calculated
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↑
Net result improved
Net result -1.12m NOK → -528.2k NOK (net margin -77.5% → -33.5%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.34m NOK → 815.7k NOK (equity ratio 48.9% → 26.2%). Calculated
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↓
Cash fell
Bank deposits 14.2k NOK → 986 NOK (-93.0% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 215.1k NOK → 1.46m NOK (+579.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 83.5k NOK → 58.6k NOK. Reported fact