Org.nr 876 269 902 2021 → 2022 Year-over-year analysis

ADOKS EIENDOM AS: årsregnskap 2022 vs 2021

Grew 40% on revenue, weaker earnings

approved 2023-06-29; registry 2023-07-18; journal 2023 587088

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADOKS EIENDOM AS. Revenue 2.30m NOK → 3.22m NOK (+40.1%). Net result +959.1k NOK → +573.7k NOK. Equity 6.92m NOK → 7.04m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADOKS EIENDOM AS.

Scorecard

Revenue
2.30m NOK 3.22m NOK
+40.1%
Operating result
+529.8k NOK +1.60m NOK
+201.2%
Net result
+959.1k NOK +573.7k NOK
-40.2%
Equity
6.92m NOK 7.04m NOK
+1.7%
Cash
1.08m NOK 1.02m NOK
-4.7%
Total assets
32.51m NOK 31.62m NOK
-2.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.30m NOK to 3.22m NOK (+40.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +529.8k NOK → +1.60m NOK (op. margin 23.1% → 49.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.92m NOK → 7.04m NOK (equity ratio 21.3% → 22.3%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +959.1k NOK → +573.7k NOK (net margin 41.7% → 17.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.08m NOK → 1.02m NOK (-4.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.54× → 0.60× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 18.76m NOK → 8 NOK. Reported fact