FirmaIQ
Org.nr 979 496 842 2021 → 2022 Year-over-year analysis

ADOLF JAHNSEN AS: årsregnskap 2022 vs 2021

Cash halved-plus

approved 2023-08-24; registry 2023-08-28; journal 2023 718361

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADOLF JAHNSEN AS. Revenue 1.19m NOK → 1.14m NOK (-3.9%). Net result -1.06m NOK → -1.02m NOK. Equity 3.19m NOK → 4.74m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADOLF JAHNSEN AS.

At a glance

Scorecard

Revenue
1.19m NOK 1.14m NOK
-3.9%
Operating result
-1.85m NOK -1.75m NOK
+5.2%
Net result
-1.06m NOK -1.02m NOK
+3.8%
Equity
3.19m NOK 4.74m NOK
+48.8%
Cash
1.93m NOK 701.7k NOK
-63.6%
Total assets
7.08m NOK 5.98m NOK
-15.5%

What improved

  • ↑

    Operating result improved

    Operating result -1.85m NOK → -1.75m NOK (op. margin -155.1% → -153.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.19m NOK → 4.74m NOK (equity ratio 45.0% → 79.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.19m NOK to 1.14m NOK (-3.9% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.93m NOK → 701.7k NOK (-63.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.69m NOK → 1.75m NOK (142% → 153% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.93m NOK → 701.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation