ADREM AS: årsregnskap 2022 vs 2021
Shrank 29% on revenue, weaker earnings
approved 2023-06-14; registry 2023-06-19; journal 2023 498296
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADREM AS. Revenue 224.3k NOK → 160.0k NOK (-28.7%). Net result +153.7k NOK → +112.4k NOK. Equity -337.3k NOK → -224.8k 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: book investments changed. All figures are taken from the published annual accounts for ADREM AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -337.3k NOK → -224.8k NOK (equity ratio -449.1% → -152.3%). Calculated
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↑
Cash rose
Bank deposits 2 293 NOK → 10.5k NOK (+357.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.06× → 1.01×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 224.3k NOK to 160.0k NOK (-28.7% YoY). Calculated
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↓
Operating result weakened
Operating result +197.0k NOK → +144.8k NOK (op. margin 87.8% → 90.5%). Calculated
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↓
Net result weakened
Net result +153.7k NOK → +112.4k NOK (net margin 68.5% → 70.3%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 9 000 NOK → 78.1k NOK. Reported fact