ADRIATIC + AS: årsregnskap 2022 vs 2021
Grew 31% on revenue, weaker earnings
approved 2023-05-06; registry 2023-05-09; journal 2023 393702
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADRIATIC + AS. Revenue 5.92m NOK → 7.78m NOK (+31.4%). Net result +835.3k NOK → +92.5k NOK. Equity -1.22m NOK → -1.13m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADRIATIC + AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 5.92m NOK to 7.78m NOK (+31.4% YoY). Calculated
-
↑
Equity strengthened
Book equity -1.22m NOK → -1.13m NOK (equity ratio -1267.5% → -1142.8%). Calculated
-
↑
Cash rose
Bank deposits 62.9k NOK → 65.0k NOK (+3.3% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +838.9k NOK → +93.8k NOK (op. margin 14.2% → 1.2%). Calculated
-
↓
Net result weakened
Net result +835.3k NOK → +92.5k NOK (net margin 14.1% → 1.2%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2.09m NOK → 3.17m NOK (35% → 41% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 1.89m NOK → 2.84m NOK (+50.0% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 0 → 5. Reported fact