Org.nr 910 681 761 2021 → 2022 Year-over-year analysis

ADOLPH BERGSVEI 58 AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, slipped into loss

approved 2023-06-08; registry 2023-06-26; journal 2023 505980

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADOLPH BERGSVEI 58 AS. Revenue 21.68m NOK → 21.7k NOK (-99.9%). Net result +4.06m NOK → -42.2k NOK. Equity 9.16m NOK → 117.0k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADOLPH BERGSVEI 58 AS.

Scorecard

Revenue
21.68m NOK 21.7k NOK
-99.9%
Operating result
+10.08m NOK -99.3k NOK
-101.0%
Net result
+4.06m NOK -42.2k NOK
-101.0%
Equity
9.16m NOK 117.0k NOK
-98.7%
Cash
25.1k NOK 32.4k NOK
+29.2%
Total assets
47.93m NOK 1.64m NOK
-96.6%

What improved

  • ↑

    Cash rose

    Bank deposits 25.1k NOK → 32.4k NOK (+29.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 21.68m NOK to 21.7k NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +10.08m NOK → -99.3k NOK (op. margin 46.5% → -458.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 4.06m NOK profit to a loss of 42.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 9.16m NOK → 117.0k NOK (equity ratio 19.1% → 7.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 11.43m NOK → 75.0k NOK (-99.3% YoY). Calculated