Org.nr 992 007 532 2021 → 2022 Year-over-year analysis

ADMTEK AS: årsregnskap 2022 vs 2021

Grew 1667% on revenue, stronger earnings

approved 2023-03-09; registry 2023-04-19; journal 2023 359519

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADMTEK AS. Revenue 36.1k NOK → 638.2k NOK (+1666.9%). Net result +7 229 NOK → +231.0k NOK. Equity 62.1k NOK → 235.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADMTEK AS.

Scorecard

Revenue
36.1k NOK 638.2k NOK
+1666.9%
Operating result
+7 175 NOK +247.4k NOK
+3348.4%
Net result
+7 229 NOK +231.0k NOK
+3095.4%
Equity
62.1k NOK 235.9k NOK
+280.2%
Cash
70.4k NOK 332.9k NOK
+372.9%
Total assets
71.7k NOK 334.1k NOK
+366.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 36.1k NOK to 638.2k NOK (+1666.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +7 175 NOK → +247.4k NOK (op. margin 19.9% → 38.8%). Calculated

  • ↑

    Net result improved

    Net result +7 229 NOK → +231.0k NOK (net margin 20.0% → 36.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 62.1k NOK → 235.9k NOK (equity ratio 86.6% → 70.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 70.4k NOK → 332.9k NOK (+372.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 21.4k NOK → 1.17m NOK (59% → 183% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact