Org.nr 917 392 781 2021 → 2022 Year-over-year analysis

ADS EIENDOM HOLDING AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, slipped into loss, cash halved-plus

approved 2023-06-30; registry 2023-08-01; journal 2023 632681

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADS EIENDOM HOLDING AS. Revenue 6 NOK → 0 NOK (-100.0%). Net result +202.8k NOK → -872.3k NOK. Equity 9.21m NOK → 8.33m NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADS EIENDOM HOLDING AS.

Scorecard

Revenue
6 NOK 0 NOK
-100.0%
Operating result
-34.9k NOK -32.8k NOK
+5.8%
Net result
+202.8k NOK -872.3k NOK
-530.1%
Equity
9.21m NOK 8.33m NOK
-9.5%
Cash
867.0k NOK 52.2k NOK
-94.0%
Total assets
20.15m NOK 23.81m NOK
+18.2%

What improved

  • ↑

    Operating result improved

    Operating result -34.9k NOK → -32.8k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 202.8k NOK profit to a loss of 872.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 9.21m NOK → 8.33m NOK (equity ratio 45.7% → 35.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 867.0k NOK → 52.2k NOK (-94.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.10× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3 NOK → 23.48m NOK. Reported fact