Org.nr 913 512 987 2021 → 2022 Year-over-year analysis

ADRIA WINCH NORWAY AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, returned to profit

approved 2023-05-29; registry 2023-07-05; journal 2023 578576

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADRIA WINCH NORWAY AS. Revenue 452 NOK → 0 NOK (-100.0%). Net result -46.5k NOK → +151.0k NOK. Equity 3.07m NOK → 3.22m NOK.

On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADRIA WINCH NORWAY AS.

Scorecard

Revenue
452 NOK 0 NOK
-100.0%
Operating result
-30.7k NOK -41.2k NOK
-34.2%
Net result
-46.5k NOK +151.0k NOK
+425.0%
Equity
3.07m NOK 3.22m NOK
+4.9%
Cash
405.3k NOK 348.5k NOK
-14.0%
Total assets
3.13m NOK 3.31m NOK
+5.7%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 46.5k NOK to a profit of 151.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.07m NOK → 3.22m NOK (equity ratio 98.1% → 97.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 452 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -30.7k NOK → -41.2k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 405.3k NOK → 348.5k NOK (-14.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 775 NOK → 775.4k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.51m NOK → 2.64m NOK. Reported fact