Org.nr 916 977 565 2021 → 2022 Year-over-year analysis

ADNUNTIUS AS: årsregnskap 2022 vs 2021

Shrank 9% on revenue, weaker earnings, cash halved-plus

approved 2023-06-30; registry 2023-07-22; journal 2023 599541

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADNUNTIUS AS. Revenue 7.68m NOK → 7.01m NOK (-8.7%). Net result -10.96m NOK → -27.26m NOK. Equity 3.69m NOK → 8.19m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADNUNTIUS AS.

Scorecard

Revenue
7.68m NOK 7.01m NOK
-8.7%
Operating result
-10.38m NOK -25.69m NOK
-147.4%
Net result
-10.96m NOK -27.26m NOK
-148.6%
Equity
3.69m NOK 8.19m NOK
+122.0%
Cash
2.71m NOK 918.5k NOK
-66.2%
Total assets
23.26m NOK 22.10m NOK
-5.0%

What improved

  • ↑

    Equity strengthened

    Book equity 3.69m NOK → 8.19m NOK (equity ratio 15.9% → 37.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 3.69m NOK → 32.57m NOK (+28.88m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.68m NOK to 7.01m NOK (-8.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -10.38m NOK → -25.69m NOK (op. margin -135.2% → -366.3%). Calculated

  • ↓

    Net result weakened

    Net result -10.96m NOK → -27.26m NOK (net margin -142.8% → -388.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.71m NOK → 918.5k NOK (-66.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 8.20m NOK → 14.50m NOK (107% → 207% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.71m NOK → 918.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.30m NOK → 6.73m NOK. Reported fact