ADOLFSEN SERVICE AS: årsregnskap 2022 vs 2021
Shrank 20% on revenue, weaker earnings
approved 2023-06-30; registry 2023-07-04; journal 2023 572671
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADOLFSEN SERVICE AS. Revenue 3.45m NOK → 2.77m NOK (-19.9%). Net result +714.1k NOK → +71.9k NOK. Equity 692.5k NOK → 1.76m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADOLFSEN SERVICE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 692.5k NOK → 1.76m NOK (equity ratio 29.9% → 82.2%). Calculated
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↑
Cash rose
Bank deposits 190.2k NOK → 907.9k NOK (+377.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.63× → 2.91×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.45m NOK to 2.77m NOK (-19.9% YoY). Calculated
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↓
Operating result weakened
Operating result +915.6k NOK → +92.7k NOK (op. margin 26.5% → 3.4%). Calculated
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↓
Net result weakened
Net result +714.1k NOK → +71.9k NOK (net margin 20.7% → 2.6%). Calculated
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↓
COGS moved
COGS / varekostnad 1.37m NOK → 1.47m NOK (+7.6% YoY). Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact