Org.nr 820 719 972 2021 → 2022 Year-over-year analysis

ADRIATIC BAR OG CATERING AS: årsregnskap 2022 vs 2021

Shrank 30% on revenue, returned to profit

approved 2023-05-27; registry 2023-05-31; journal 2023 440442

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADRIATIC BAR OG CATERING AS. Revenue 740.3k NOK → 519.3k NOK (-29.9%). Net result -44.4k NOK → +27.5k NOK. Equity 10 NOK → 13.12m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADRIATIC BAR OG CATERING AS.

Scorecard

Revenue
740.3k NOK 519.3k NOK
-29.9%
Operating result
-39.0k NOK +41.1k NOK
+205.3%
Net result
-44.4k NOK +27.5k NOK
+161.9%
Equity
10 NOK 13.12m NOK
+131184000.0%
Cash
17.1k NOK 43.7k NOK
+156.0%
Total assets
220.6k NOK 259.6k NOK
+17.7%

What improved

  • ↑

    Operating result improved

    Operating result -39.0k NOK → +41.1k NOK (op. margin -5.3% → 7.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 44.4k NOK to a profit of 27.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 10 NOK → 13.12m NOK (equity ratio 0.0% → 5053.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 17.1k NOK → 43.7k NOK (+156.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 740.3k NOK to 519.3k NOK (-29.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 354.2k NOK → 619.9k NOK (+75.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 65.4k NOK → 18.7k NOK. Reported fact