FirmaIQ
Org.nr 912 808 297 2021 → 2022 Year-over-year analysis

ADOLF HORNELAND AS: årsregnskap 2022 vs 2021

Grew 14% on revenue, weaker earnings

approved 2023-03-13; registry 2023-03-15; journal 2023 324912

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADOLF HORNELAND AS. Revenue 618.4k NOK → 706.9k NOK (+14.3%). Net result +569.6k NOK → +1 996 NOK. Equity 5.44m NOK → 5.44m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
618.4k NOK 706.9k NOK
+14.3%
Operating result
+376.4k NOK +443.8k NOK
+17.9%
Net result
+569.6k NOK +1 996 NOK
-99.6%
Equity
5.44m NOK 5.44m NOK
+0.0%
Cash
882.5k NOK 819.2k NOK
-7.2%
Total assets
6.90m NOK 6.46m NOK
-6.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 618.4k NOK to 706.9k NOK (+14.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +376.4k NOK → +443.8k NOK (op. margin 60.9% → 62.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.44m NOK → 5.44m NOK (equity ratio 78.9% → 84.3%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +569.6k NOK → +1 996 NOK (net margin 92.1% → 0.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 882.5k NOK → 819.2k NOK (-7.2% YoY). Calculated