FirmaIQ
Org.nr 919 212 594 2021 → 2022 Year-over-year analysis

ADOLFSEN BÅTBYGGERI AS: årsregnskap 2022 vs 2021

Grew 11% on revenue, stronger earnings

approved 2023-04-28; registry 2023-05-08; journal 2023 391926

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADOLFSEN BÅTBYGGERI AS. Revenue 3.24m NOK → 3.60m NOK (+11.2%). Net result +280.3k NOK → +421.6k NOK. Equity 1.27m NOK → 1.69m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADOLFSEN BÅTBYGGERI AS.

At a glance

Scorecard

Revenue
3.24m NOK 3.60m NOK
+11.2%
Operating result
+516.3k NOK +676.6k NOK
+31.0%
Net result
+280.3k NOK +421.6k NOK
+50.4%
Equity
1.27m NOK 1.69m NOK
+33.2%
Cash
1.47m NOK 1.54m NOK
+4.4%
Total assets
5.61m NOK 5.93m NOK
+5.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.24m NOK to 3.60m NOK (+11.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +516.3k NOK → +676.6k NOK (op. margin 15.9% → 18.8%). Calculated

  • ↑

    Net result improved

    Net result +280.3k NOK → +421.6k NOK (net margin 8.7% → 11.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.27m NOK → 1.69m NOK (equity ratio 22.6% → 28.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.47m NOK → 1.54m NOK (+4.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 562.0k NOK → 493.2k NOK (-12.2% YoY). Calculated