FirmaIQ
Org.nr 991 504 338 2021 → 2022 Year-over-year analysis

ADS EIENDOM AS: årsregnskap 2022 vs 2021

Shrank 9% on revenue, stronger earnings

approved 2023-05-30; registry 2023-06-05; journal 2023 461883

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADS EIENDOM AS. Revenue 2.02m NOK → 1.84m NOK (-8.7%). Net result +15.8k NOK → +161.9k NOK. Equity 2.48m NOK → 2.45m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADS EIENDOM AS.

At a glance

Scorecard

Revenue
2.02m NOK 1.84m NOK
-8.7%
Operating result
+650.6k NOK +818.5k NOK
+25.8%
Net result
+15.8k NOK +161.9k NOK
+923.8%
Equity
2.48m NOK 2.45m NOK
-1.1%
Cash
49.6k NOK 107.5k NOK
+116.5%
Total assets
18.80m NOK 18.03m NOK
-4.1%

What improved

  • ↑

    Operating result improved

    Operating result +650.6k NOK → +818.5k NOK (op. margin 32.2% → 44.4%). Calculated

  • ↑

    Net result improved

    Net result +15.8k NOK → +161.9k NOK (net margin 0.8% → 8.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 49.6k NOK → 107.5k NOK (+116.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.02m NOK to 1.84m NOK (-8.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 2.48m NOK → 2.45m NOK (equity ratio 13.2% → 13.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 16.1k NOK → 7 324 NOK (-54.6% YoY). Calculated