FirmaIQ
Org.nr 997 489 101 2021 → 2022 Year-over-year analysis

ADORACION AS: årsregnskap 2022 vs 2021

Shrank 83% on revenue

approved 2023-05-09; registry 2023-05-24; journal 2023 419044

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADORACION AS. Revenue 101.7k NOK → 17.3k NOK (-83.0%). Net result -10.4k NOK → -6 777 NOK. Equity 45.6k NOK → 38.8k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
101.7k NOK 17.3k NOK
-83.0%
Operating result
-9 958 NOK -6 777 NOK
+31.9%
Net result
-10.4k NOK -6 777 NOK
+34.8%
Equity
45.6k NOK 38.8k NOK
-14.9%
Cash
41.1k NOK 53.6k NOK
+30.2%
Total assets
41.1k NOK 56.4k NOK
+37.2%

What improved

  • ↑

    Operating result improved

    Operating result -9 958 NOK → -6 777 NOK (op. margin -9.8% → -39.2%). Calculated

  • ↑

    Net result improved

    Net result -10.4k NOK → -6 777 NOK (net margin -10.2% → -39.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 41.1k NOK → 53.6k NOK (+30.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -9.22× → 3.20×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 101.7k NOK to 17.3k NOK (-83.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 45.6k NOK → 38.8k NOK (equity ratio 110.9% → 68.8%). Calculated